Be careful of the options, I think the strike price is a lot higher than what is shown in the quarterly report.
IND looks fairly valued now, it was trading at an artificially low price before, now it is more natural.
Artificial prices are often created by a lack of market awareness.
If you own a house that is worth $5 million, and you organise an auction, but you dont advertise or tell anyone about the auction and only 1 person turns up, then you will probably receive an artificially low price for your house.
Increased demand allows price discovery, which as the ASX itself states, is a positive and is one of the reason it allows shorting and algos.
Be careful of the options, I think the strike price is a lot...
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.46M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 461 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 5876 | 1 |
View Market Depth
| Last trade - 16.12pm 06/11/2024 (20 minute delay) ? |
| IND (ASX) Chart |
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