Last week of March 0ver $1 then April 14 sp was 91.5 .April 15 the performance rights were released which were patently ridiculous and the BOD could not have possibly thought they would be well received
So why was it done and the most plausible reason for me was they wanted to significantly reduce the number of retail on the registry by throwing out a boat anchor to slow down the sp .momentum before the dfs was released. Then of course the blowout in the Capex put a lid on any rerate .
So I would say the strategy to significantly reduce retail has been a great success and maybe we can now hope the sp can increase naturally if and when we have upcoming good news .
Last week of March 0ver $1 then April 14 sp was 91.5 .April 15...
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Last
59.5¢ |
Change
-0.025(4.03%) |
Mkt cap ! $245.3M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.5¢ | 58.5¢ | $1.906M | 3.206M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 429140 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 117880 | 3 |
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| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| LRV (ASX) Chart |