betting on you being incorrect on whatever you spew out that day...

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canplan

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31/08/21

10:42

Post #: 55705943
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Originally posted by tony75 ↑

I'd suspect that the pullback from $5.20 to barely $5 over the last few hours (in an otherwise stable market) is an indicator that the decision has been made to do a CR and that the word has leaked from the i-banks that will run the deal with insiders offloading the shares ahead of an announcment. This is purely speculative, but given the lack of any fundamental reason for the share price to be anywhere near where it currently is then this is the only thing that makes sense.

Reminder: QAN has practically zero book value and is significantly loss making. It's not hard to see that we're in an equity bubble that is disconnected from reality.

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Originally posted by tony75 ↑

I'd suspect that the pullback from $5.20 to barely $5 over the last few hours (in an otherwise stable market) is an indicator that the decision has been made to do a CR and that the word has leaked from the i-banks that will run the deal with insiders offloading the shares ahead of an announcment. This is purely speculative, but given the lack of any fundamental reason for the share price to be anywhere near where it currently is then this is the only thing that makes sense.

Reminder: QAN has practically zero book value and is significantly loss making. It's not hard to see that we're in an equity bubble that is disconnected from reality.

Expand

betting on you being incorrect on whatever you spew out that day is like betting on the sun coming up.

QAN Price at posting: $5.06 Sentiment: None Disclosure: Held
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(20min delay)
Last $6.08		Change -0.010(0.16%)		Mkt cap ! $9.947B

Open	High	Low	Value	Volume
$6.08	$6.13	$6.07	$4.672M	765.6K

Buyers (Bids)

No.	Vol.	Price($)
50	44502	$6.07

Sellers (Offers)

Price($)	Vol.	No.
$6.08	54789	30

View Market Depth

No.	Vol.	Price($)
45	43754	6.070
24	65832	6.060
22	77500	6.050
9	95063	6.040
4	7535	6.030

Price($)	Vol.	No.
6.080	48614	24
6.090	35903	18
6.100	92385	25
6.110	100223	26
6.120	23055	14

Last trade - 11.43am 24/06/2024 (20 minute delay)

QAN (ASX) Chart

betting on you being incorrect on whatever you spew out that day...

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betting on you being incorrect on whatever you spew out that day...

Top Stories

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

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Featured News