Option 1 - whoever is selling is trying to scare the mums and dads in the market to sell so they can collect at a discount.
Option 2 - whoever is selling wants out and will run out of shares at some stage. I believe it was Toby who said in the conference call that the directors' aren't selling so if this option is the case whoever is selling out will run out sooner rather than later.
Announcement was an incredible result.
Could be a matter of weeks before Delta ups the anti and cashflow starts coming in. That's massive. Also a couple of weeks until the Stanford conference takes place and word spreads. Only one web article on business news is crazy. Understand they want to spend most of their time on the nuts and bolts securing further deals but one would think investor marketing cranks up in very near future.
The approval news is the best part and I think the market might have misread what it means. R-7 did a better job. Getting the AMOC would have been a lengthy operation and would form part of the reason for the delay in the deal going through. Makes for a rapid process in the future.
Let the daily traders play with it and don't lose sight of the underlying value here.
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63.0¢ |
Change
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Mkt cap ! $86.53M |
Open | High | Low | Value | Volume |
64.0¢ | 64.0¢ | 63.0¢ | $18.19K | 28.64K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12000 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.0¢ | 510 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12000 | 0.610 |
1 | 10000 | 0.605 |
1 | 5000 | 0.600 |
2 | 20762 | 0.595 |
2 | 18474 | 0.590 |
Price($) | Vol. | No. |
---|---|---|
0.700 | 510 | 1 |
0.705 | 10000 | 1 |
0.715 | 12121 | 1 |
0.720 | 57143 | 1 |
0.730 | 13487 | 1 |
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