Those shares have not been issued yet, so when they are, and we get another $17.5m, then the market will take the next leap up. We have so much positive news about to descend upon us, yet games are played with the SP to try and unseat the original holders.
Guess what, it is not working. All that is happening is that people in the email group have been buying mostly. The ratio of buys to sells is about 10:1 with over 2m shares added when the price has been down. I've been getting emails every day since I've been back of people adding a few ten's of thousands here there and everywhere.
My guestimate, I've not added them all up, is EXISTING members adding over 2m with only a couple of hundred thousand sold. Then there are new members on top of that.
We went from a ridiculous 45c to 74 cents in a few days, so yes a slight retrace is to be expected until the next lot of good news that will propel us again. We should be expecting this for the next 2 months with lots of news about to happen.
reason for drop, page-10
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Last
$3.07 |
Change
0.090(3.02%) |
Mkt cap ! $9.197B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.09 | $3.02 | $74.82M | 24.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 10000 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |