Mercer got in at mid 3's and the price is now in mid 7s. Not a bad outcome.
Volume is low AF and when a retail investor with a bit of a wallet can clear out the Sell side you need to ask yourself whether this price is an accurate reflection of the company. Mercer want AVRO's to collapse so AVR gets funding from loan agreement, ofcourse they will do everything to lower the price in the short term.
Long term, technology and science will get there IMO, if Mercer make a buck and undermine any future rise in SP than that's a secondary issue because if the science works.... who cares, as even 13.75 is dirt cheap.
DYOR/IMO
Wayne interview with Fortem Wealth 25/5/21 11am, page-39
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Last
$18.78 |
Change
-0.070(0.37%) |
Mkt cap ! $362.3M | |||
| Open | High | Low | Value | Volume |
| $19.00 | $19.00 | $18.75 | $79.94K | 4.237K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1428 | $18.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.96 | 402 | 2 |
View Market Depth
| Last trade - 11.41am 28/05/2024 (20 minute delay) ? |
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Last
$18.80 |
Change
-0.070 ( 0.21 %) |
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| Open | High | Low | Volume | ||
| $19.02 | $19.02 | $18.77 | 241 | ||
| Last updated 11.41am 28/05/2024 ? | |||||
| AVR (ASX) Chart |