I’d love someone smarter than me to give their opinion on these questions.
A truck load of SXL shares are about to be allocated at 9 cents and they will trade on May 5th.
Right now shares are 16 cents
wheh the new 9 cent shares start getting traded won’t the share price fall closer to the 9 cents???
if so why would people buy them at 16 cents?
My question is. And I know it’s a hard one. If you want to buy SXL are you better to wait till the 9cent shares come online May 5th ?
then as these people that have taken up the share offer are happy to offload their shares at 10 or 11 cents and take a quick profit ??
im keen to pick up some SXL but I just don’t know when.
I look forward to your thoughts.
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Last
47.0¢ |
Change
0.010(2.17%) |
Mkt cap ! $112.7M |
Open | High | Low | Value | Volume |
46.5¢ | 47.0¢ | 45.5¢ | $168.7K | 365.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14000 | 46.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 2738 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14000 | 0.460 |
9 | 54232 | 0.455 |
7 | 94595 | 0.450 |
3 | 82225 | 0.445 |
5 | 22627 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.470 | 2738 | 2 |
0.475 | 81182 | 7 |
0.480 | 21588 | 2 |
0.485 | 51903 | 2 |
0.490 | 10931 | 4 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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SXL (ASX) Chart |