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Vote of (absolutely) no confidence, page-69

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6,596 Posts.

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24/05/17

11:59

Post #: 24880137
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Originally posted by keepsmiling ↑

If they did offer at 5c, would you not sell all your current holdings and then buy at 5c?
And what would happen to the sp if all share holders sold out to buy at the SPP?

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Yes, that's exactly what happens if it is too cheap.

LBT Price at posting: 26.0¢ Sentiment: None Disclosure: Held
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0 Great analysis

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(20min delay)
Last 1.4¢		Change -0.001(6.67%)		Mkt cap ! $24.60M

Open	High	Low	Value	Volume
1.4¢	1.5¢	1.4¢	$12.37K	881.6K

Buyers (Bids)

No.	Vol.	Price($)
4	983570	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	49999	1

View Market Depth

No.	Vol.	Price($)
4	983570	0.014
5	1381995	0.013
3	261000	0.012
2	78500	0.011
5	1129004	0.010

Price($)	Vol.	No.
0.016	499905	4
0.017	623750	4
0.018	392000	2
0.019	381203	2
0.020	960000	1

Last trade - 16.10pm 01/11/2024 (20 minute delay)

LBT (ASX) Chart

Vote of (absolutely) no confidence, page-69

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Vote of (absolutely) no confidence, page-69

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Sellers (Offers)

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