While the news that insto's picked up the allocation at the amount and speed that they did is a positive, it's difficult to see the market not overreact at a CR at $1.25. Market sentiment will surely drive this down in early trading, and even though the company has positive prospects, I think medium term we can expect a 10-15% drop from current SP.
Though I wish this was not the case.
I’m in, page-31
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Last
$2.11 |
Change
-0.030(1.40%) |
Mkt cap ! $897.5M | |||
| Open | High | Low | Value | Volume |
| $2.17 | $2.20 | $2.10 | $971.0K | 452.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2408 | $2.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.12 | 7931 | 11 |
View Market Depth
| Last trade - 11.57am 25/11/2024 (20 minute delay) ? |
| SLC (ASX) Chart |
