1 trading day left before the Ex date.
Major support at 2.7c last few days.
Ran some numbers to see profit/loss figures for those buyers at 2.7c & taking up their rights at 2c (ignoring the options because they are unlisted , small number & well out of the money....yet they still have some value)
Say...700,000 at .027 = $18,900 + 100,000 at 0.02 = $20.900.
If the SP drops to 2.6 this 800,000 parcel is worth $20,800....Just break even.
Anything less is a loss .
At 2.5c this parcel is worth $20,000 ...A loss of $900 or 4.3%.
At 2.4c....$19,200.....A loss of $1,700 or 8.1%
No one knows where the support will be after the Ex date , but it may be wise to wait to hear the market's verdict , because buying at anything under 2.6 post rights will be better than chasing it at 2.7/2.8c.
Vested Interest & other matters, page-6
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $28.75M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.0¢ | $564 | 3.314K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13334 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13334 | 0.165 |
2 | 13023 | 0.155 |
1 | 2000 | 0.130 |
1 | 37000 | 0.110 |
1 | 60000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 10000 | 1 |
0.205 | 9447 | 1 |
0.210 | 50000 | 1 |
0.220 | 16153 | 1 |
0.225 | 2300 | 1 |
Last trade - 14.11pm 26/08/2024 (20 minute delay) ? |
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