With 12mil shares on their hand as of end of 15th August (yesterday) it looks like LDA will still hold around 9mil shares by Monday next week when announcement about the final price and the final quantity of shares is updated. I do now think there is a fair chance that LDA won't take up the whole lot of 50mil shares and I do hope so. It would mean less selling pressure on sp to re-rate higher.
If they only take up 25mil shares and if they have only 9mil shares left by Monday next week, sp should recover quickly and that 9mil shares should be absorbed easily.
Of course if they take up 50mil shares then it could slow down sp recovery upwards a bit longer.
But hey this LDA drama is ending soon.
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Last
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $24.39M |
Open | High | Low | Value | Volume |
2.2¢ | 2.4¢ | 2.2¢ | $5.843K | 247.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21740 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 185000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21740 | 0.023 |
2 | 75363 | 0.022 |
10 | 792563 | 0.021 |
12 | 3652186 | 0.020 |
7 | 2631683 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 35000 | 1 |
0.027 | 691826 | 1 |
0.028 | 746290 | 3 |
0.029 | 456257 | 3 |
0.030 | 261358 | 2 |
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