Mate: so am I and have been in stock for years. I have seen several CR and the small punter tip into these CR to expand the reach of the company. Only to see sp get trashed for no apparent reason.
We were $12.00 on the Browse assets alone a few short years ago.
I know the market is a different animal today but on reflection the sp should be at least $10.00 on the assets we have: It is being kept artificially low in my opinion: ROTRTING!
As the Swan posted there are only a small amount of shares available floating around.
It appears to me the small bloke helps to raise capital, the big boys drive the sp down to pick at the carcass.
compute, page-69
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Last
$1.87 |
Change
0.060(3.32%) |
Mkt cap ! $1.497B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.87 | $1.81 | $10.89M | 5.914M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55493 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 47395 | 5 |
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| KAR (ASX) Chart |