I understand there were some people who got decent allocations and dumped from day 1 to day 3 (50c to 40c) and that set the negative momentum. Hopefully the growing revenues will eventually be reflected in a stronger share price.
Look it's still not a bad IPO by any means (always being in stag territory) but I think we all thought it would settle around 50c-60c rather than 30c. I put my hand up and say I called this one wrong but honestly didn't envisage the selling from certain investors.
I understand there were some people who got decent allocations...
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Change
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Mkt cap ! $4.942M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 649122 | 4 |
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