Punters here should take a look at BIT to appreciate what a quality broker and setup can do - almost identical play to SUD
BIT had a shocker of a chart, falling from over 10c down to <2c
The company conducted a heavily oversubscribed rights issue at 1.5c with options roughly 3 times out of the money - CPS as lead broker
The rights issue was conducted before material news that was expected
Guess what ... they also ran into delays and saw a few months of on market consolidation after the stock was issued in May
However when the news eventually hit, BIT rallied to an intraday high today of 11c !
Participants in the placement up 7.3 times their money on heads alone
This is why I followed CPS into SUD and why I have patience for the deals to be delivered ... at the right time, this thing could go parabolic
- Forums
- ASX - By Stock
- ALA
- Yet another CPS cracker ...
Yet another CPS cracker ...
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALA (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $120.7M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.5¢ | $29.39K | 250.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 391319 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 504101 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 391319 | 0.115 |
9 | 1019829 | 0.110 |
17 | 588424 | 0.105 |
16 | 734935 | 0.100 |
1 | 100001 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 504101 | 10 |
0.125 | 563368 | 10 |
0.130 | 246875 | 6 |
0.135 | 38309 | 3 |
0.140 | 617117 | 11 |
Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
|
|||||
Last
11.8¢ |
  |
Change
-0.005 ( 2.08 %) |
|||
Open | High | Low | Volume | ||
12.0¢ | 12.0¢ | 11.5¢ | 319349 | ||
Last updated 15.32pm 27/05/2024 ? |
Featured News
ALA (ASX) Chart |