I think thats unlikely.
Why would anyone dump at first opportunity as everyone in cr is at a cost of 10c can't see the majority of holders dumping on first day. I can see it being manipulated but not down to 7.5c my prediction high of 10.4 low of 9.7 but I really suck at predicting the market.
Also there is the day trader factor if opening at 10 cents the chances are pretty good for nearly a 10% gain depending on trading volumes and timing imo
SP on 1st trading day as DSE, page-7
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Last
$4.45 |
Change
0.160(3.73%) |
Mkt cap ! $239.5M | |||
| Open | High | Low | Value | Volume |
| $4.37 | $4.52 | $4.29 | $311.2K | 69.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2113 | $4.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.50 | 20074 | 2 |
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| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| DSE (ASX) Chart |
