Sorry to the previous posters but I'm inferring long term holders in at the IPO are trading the ups and downs to recoup an initial loss. This group of investors are whom I'm referring to represent a big enough chunk to drive movement when they profit take, much like the Directors and larger holder such as Macequity. To be more precise clay5871, your 0.55 buy represents 0.055 prior to the 10 to 1 consolidation of shares bought at 50 cents ($5 equivalent). I do not consider these movements in share prices to be anything other than people making money on the back of a great run up. Hopefully, with some good news, it runs up again.
Sorry to the previous posters but I'm inferring long term...
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Last
40.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.40M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.5¢ | 40.0¢ | $9.196K | 22.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1305 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 3491 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SMN (ASX) Chart |