Hedg, I think there is a couple of things at play here, TMT so thinly traded that the discount evaporates very quickly with the smallest of buying which is why insto buyers haven’t bothered to get involved. I also suspect that the market thinks AVL will trade lower than 2c, at least initially, once 3.5 billion new AVL shares are issued and therefore it may be a better idea to buy AVL post the merger completing.
Hedg, I think there is a couple of things at play here, TMT so...
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $120.5M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $68.77K | 5.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 7132944 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 6210860 | 15 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
0.001 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.3¢ | 10710117 | ||
| Last updated 15.37pm 07/05/2024 ? | |||||
| AVL (ASX) Chart |