Realistically, there's a few sophs on here alone who could probably buy out the biz between them at its current market value (and certainly accounting for EV).
As for incentive to buy now, this is the news some have been waiting for since the SPP and/or quarterly - so I'd have thought that's incentive alone, irregardless of continual selling, which if the buying was strong enough, should be able to absorb it pretty quickly - I mean, wasn't it no single shareholder holding more than 1.5-2m? And if it's a broker, would their clients' collective holdings have been as much as that?
Definitely cheap and lots of upside here. I know a few who have been trying to catch the swings, but that's too much effort for mine, and I wouldn't want to be on the outer when strong news comes through like today.
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $4.942M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.7¢ | $3.486K | 205.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45460 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 649122 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 260900 | 0.017 |
4 | 1222190 | 0.016 |
1 | 20000 | 0.013 |
1 | 50000 | 0.010 |
2 | 200000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 100000 | 1 |
0.019 | 162000 | 1 |
0.021 | 203398 | 1 |
0.022 | 109551 | 1 |
0.023 | 700000 | 1 |
Last trade - 12.33pm 27/11/2024 (20 minute delay) ? |
SP3 (ASX) Chart |