JR , perhaps I left out a significant point, and not answered your question fully.
Say I have over 50 million shares.. the current price is around 5c and I want to sell. (as it was)
The CEO freaks and says ,, Quirkus , we've got great things happening, hang around.
Quirkus says nup. You heard of the financial meltdown? We're closing up shop.
Oh sht, oh dear, what about we try to find a buyer off market for your 50m shares..?
Well, how much you reckon we'll get?
Um,, I'll see if we can get 4.8c , that way you'll get a good deal, and the market cap won't get crushed.
Quirkus says,,, um, nup,,, if you've got great things happening,,, I'll stick around a little bit, and I'll probably average somewhere between 7 and 12c.. double what you're offering me if I sell into the inevitable rallies when your "great things" start to occur..
Whose side would you take if you had $3m in shares?
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Last
6.2¢ |
Change
0.002(3.33%) |
Mkt cap ! $27.23M |
Open | High | Low | Value | Volume |
6.1¢ | 6.2¢ | 6.1¢ | $60.54K | 977.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 115000 | 0.080 |
1 | 105001 | 0.079 |
1 | 250000 | 0.078 |
1 | 25000 | 0.077 |
1 | 50000 | 0.076 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 300000 | 1 |
0.084 | 145330 | 1 |
0.085 | 20000 | 1 |
0.086 | 45000 | 2 |
0.088 | 77104 | 2 |
Last trade - 12.57pm 15/11/2024 (20 minute delay) ? |
ERM (ASX) Chart |