Which site is the Aussie alternative?
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We have a buyer in Aus. Massive :)
The best odds will be on a retrace to the placement price... maybe after a pump first... it is written in the unwritten gospel that is often spoken...
That often is the case but I'm not sure it will be here. CR was heavily oversubscribed - new buyers will take up shares from those who bail. I still think a new floor of about $1.70 will be established - hopefully kicking on from there with further good news to come.
Top bid at 1.21pm is 300 shares at 170 followed by 13200 at 160. - no sellers.
A couple of super optimists offering to buy 3000 shares at $1.00 - don't like their chances!
https://www.sharetrader.co.nz/image/...AASUVORK5CYII=
Surely that is just part of the pre-open games that are played.
I'm not sure how it applies to the 1 hour delayed start to trading from the overall ASX though.
I'll happily see a 20cent rise if it is where they take it!:D