I would be careful at these levels. The time to but will be in 1.5-2 weeks imo. When the hedge fund who just picked up $1mn worth of shares has stopped selling. In the mean time, they will still sell the 15c shares they just picked up and stag 80% risk free in a few weeks.
Ppl should call the co and tell them to stop giving shares to the hedge fund to sell on market and get them to do a normal capital raising for funds.
If they did a normal cap raising and didnt do any more of these issues, the shackles would be removed
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Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $36.26M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.9¢ | $13.5K | 270.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 199992 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 46448 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 903329 | 0.048 |
1 | 200000 | 0.047 |
1 | 100000 | 0.046 |
1 | 60000 | 0.045 |
4 | 370418 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 46448 | 1 |
0.055 | 16663 | 1 |
0.058 | 172431 | 1 |
0.059 | 25000 | 1 |
0.060 | 210909 | 3 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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CTP (ASX) Chart |