There's much more than that, shares on issue is not capped so they can raise just as much capital regardless. The difference is that the spreads will reduce which will make it easier for new investors to buy without market impact cost and there's the psychological factor of having a higher share price making the stock look less speculative which can drive additional buying
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Will IMU be removed from the ASX200 in June?, page-73
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Last
5.7¢ |
Change
-0.002(3.39%) |
Mkt cap ! $418.9M |
Open | High | Low | Value | Volume |
6.0¢ | 6.2¢ | 5.6¢ | $1.826M | 30.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4225 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 229563 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4225 | 0.060 |
3 | 48114 | 0.057 |
16 | 1796819 | 0.056 |
29 | 4590043 | 0.055 |
10 | 1780287 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 5681 | 3 |
0.054 | 129783 | 1 |
0.055 | 40175 | 3 |
0.058 | 66541 | 9 |
0.059 | 959109 | 7 |
Last trade - 15.59pm 15/07/2024 (20 minute delay) ? |
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IMU (ASX) Chart |
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RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
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