The market did his maths well before the cap raising...

  1. 7,712 Posts.
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    The market did his maths well before the cap raising announcement when SMA was consolidating at 2.6/2.7c.
    Everyone is expecting the SP to "crash" tomorrow , but there is every possibility that it will hold steady or even go up.
    it was just an exercise to demonstrate that the rights is not a dead bargain if the SP drops by more than 0.1c.
 
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(20min delay)
Last
8.1¢
Change
-0.001(1.22%)
Mkt cap ! $15.18M
Open High Low Value Volume
8.0¢ 8.1¢ 8.0¢ $8.664K 108.2K

Buyers (Bids)

No. Vol. Price($)
1 49319 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 18256 1
View Market Depth
Last trade - 15.39pm 18/07/2025 (20 minute delay) ?
ODA (ASX) Chart
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