I was concerned by the possibility of a substantial scaleback and so subscribed for half the maximum under the share purchase plan. In the event, the scaleback has been quite modest and fair. Holders of unmarketable parcels being limited to the $2k minimum is a fair call imo.
There will be some pressure on the share price when the new shares list but I don't foresee much of a drift back towards 3.6c. I intend to be in the market on any weakness.
I was concerned by the possibility of a substantial scaleback...
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $48.73M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $14.56K | 674.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 987437 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 3738191 | 16 |
View Market Depth
| Last trade - 11.57am 15/05/2024 (20 minute delay) ? |
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Last
2.1¢ |
Change
-0.001 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.2¢ | 2.1¢ | 842359 | ||
| Last updated 12.16pm 15/05/2024 ? | |||||
| VMS (ASX) Chart |