This slow dump is only trying to frustrate holders who bought in on the EBOS announcement. This is pre-announcement holders looking for supply.
Most shares since have been traded at 4.8c or higher. Despite the lows of 4.2c and 4.3c in the days preceding 24/10 there was very little volume offered up.
At 4.6c we are 25% below the EBOS placement price of 5.75c.
A multi billion dollar company doesn't spend $9.5M to lose money. This will recover to their placement price, only a matter of time.
The bounce came when 4.6c was in the sell queue and it disappeared very quickly. I'm in the 4.5c queue. Perhaps tomorrow.......
MDR Charting, page-244
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 (20min delay)
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Last
30.0¢ |
Change
0.010(3.45%) |
Mkt cap ! $215.0M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.0¢ | 27.5¢ | $254.8K | 889.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39326 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 2917 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MDR (ASX) Chart |
