R15, I doubt it will have much effect, by my calc's (see below) unmarketable is around 12 million and some imo may elect to hold.
Volume on 26th Sept was 15 million so a decent qtrly and Louise spud could soak these up pretty easily.
What surprises me is the sp was 0.006 in June, these holders could have spent $500 and sold them at .013 and got their money out. I think that would explain the purpose of elimination as these holders either don't care or have forgotten about their holdings so in a way add no value for the future (no offense meant to anyone)
Figures below are my interpretation, it's a little different to the other one I did as I think the holdings were 20th Sept not 30 June so the price will change the calc's. It's a guess really but splitting the Top 2 from 20 then splitting the other ranges will give a more accurate assumption. The 10000 to 100000 range is the most relevant for this exercise but things change everyday so whatever we assume may be indicative but not exact. By my cals, average holding of non top 20 was around 500k but probably different now.
Noof, enjoy Cambodia, visiting there certainly made me appreciate how fortunate I have been and great people despite their hardships.
All opinion only
Best Wishes
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $9.380M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $2.967K | 1.233M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 29695512 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 7066692 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 27599472 | 0.004 |
11 | 4475392 | 0.003 |
11 | 11600000 | 0.002 |
8 | 42550054 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 1150528 | 3 |
0.006 | 5120000 | 2 |
0.007 | 1285351 | 3 |
0.008 | 5480000 | 10 |
0.009 | 400000 | 1 |
Last trade - 11.54am 29/11/2024 (20 minute delay) ? |
GGE (ASX) Chart |