Anyone else feel like we're being deliberately played?
On Friday, we were at 9c and over 100m MC.
In the space of 2 days, 584,000 shares have been sold, for a total of $49,300.
That alone has wiped over $7m off our market cap.
It feels orchestrated although it could just be punters getting sick of the waiting and moving on.
Doesn't look to be shorters: https://www.shortman.com.au/stock?q=tng
Finance will be more attractive to the big boys, the lower the SP ...
On the flipside (and going only by the shown market depth), there are only 700K shares up for sale under 0.094. So it wouldn't take much to turn things around.
Ann: Notice of Annual General Meeting/Proxy Form, page-48
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $84.63M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.8¢ | $15.10K | 308.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 164765 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 631928 | 5 |
View Market Depth
| Last trade - 15.22pm 13/09/2024 (20 minute delay) ? |
| TVN (ASX) Chart |