hey pez
not sure i get the wave .004s 'hitting' the market
all that received the .004 were previous shareholders at a much higher price
if they were to hit the market with a flood of .004s after the raising has been placed and trading then i challenge that idea.
nice way to average down but i would say they are hitting the market with some .009s - .012s
not to mention the nice cap gains tax bill from considering the short term strategy...
just putting it out there
entitlement record date, page-15
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Last
5.6¢ |
Change
-0.004(6.67%) |
Mkt cap ! $16.24M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.6¢ | 5.5¢ | $47.36K | 820.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 280076 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 116300 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LOM (ASX) Chart |