I'm no expert, but in all seriousness, can we all just take a chill pill. I think a few are being a little dramatic.
In simple terms, the company has raised $60M in the US. Yes the price $2.30 AU, but lets not forget the market cap of MSB is $1.2billion, $60m is nothing and should not have a material impact on the share price regardless if it is trading $1.20 less than Ozzie price. A market with 30m shares can't possibly have the influence over a market of 340m shares.
What will impact the market on Monday, possibly, is all the panic merchants selling out and driving the price down.
relax, the fundamentals are still there.
I do however think the company has done a poor job of explaining the justification for listing on NASDAQ. I held a stock UNS, which was doing well until it traded on the NASDAQ. Exposure to a bigger market is not always a positive thing.
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Last
$1.49 |
Change
0.140(10.4%) |
Mkt cap ! $1.701B |
Open | High | Low | Value | Volume |
$1.37 | $1.54 | $1.37 | $23.10M | 15.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 24758 | $1.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.49 | 73626 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10033 | 1.485 |
4 | 53700 | 1.480 |
1 | 770 | 1.475 |
3 | 62048 | 1.460 |
1 | 50000 | 1.455 |
Price($) | Vol. | No. |
---|---|---|
1.490 | 21995 | 1 |
1.505 | 24000 | 1 |
1.510 | 13666 | 2 |
1.515 | 99798 | 1 |
1.520 | 27250 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
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