Unlikely. In my experience the shortfall will be under the same deal as offered in SPP. In this case 1.5c. Something we will likely be informed of after 6th June.
You may ask why they would take this up? Supply is key, where else would they get that many shares at 1.5c. Secondly they are continuing to hold the price down, I dont believe the sell orders at 1.2 or 1.3 are real, they are a price hold, they know this, they also know it doesnt take much to completely reverse sentiment.
Specgoldbug, I would point you to the fact that there is almost nothing in the sell column up to your buy price (besides the 1.2/1.3 caps). So it would not take much to get back there. However all this talk about dumping etc when we get to a price point is just stupid. We need investors, we need volume. Do you think people looking to invest in small caps dont read Hot Copper? Because they do. People that post here are in a very small minority compared to the number of viewers.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.175M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.158K | 251.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 18768585 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 11288198 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2200000 | 0.006 |
9 | 8299899 | 0.005 |
6 | 3650000 | 0.004 |
3 | 2622888 | 0.003 |
3 | 4000100 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 2536904 | 6 |
0.008 | 3066187 | 5 |
0.009 | 1057001 | 6 |
0.010 | 5904545 | 3 |
0.011 | 500000 | 1 |
Last trade - 10.07am 29/11/2024 (20 minute delay) ? |
NAE (ASX) Chart |