The offer was heavily oversubscribed so the recipients of those shares were predominantly existing holders. They can sell shares they already hold and then replace them with the 50c ones. That's how they will lock in some profit.
Morgans did the placement of Hudson's stock on Friday. Biggest net seller in reportable trades since then....Morgans
YOW might hit 50C or goes below I reckon by Thu, page-30
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.734M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 85778 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1309 | 1 |
View Market Depth
| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| YOW (ASX) Chart |
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