We have no idea what 'deals' have been agreed behind the scenes. And also, if there has been a lot of shorting, who has been doing all the lending of shares.
I honestly have no idea what has been going on, but this seems to me to have the fingerprints of a certain PE company from the USA all over it. If so, they don't rush at things. I would not even be surprised to see them drive it down to 5 or 6 cents reasonably soon , after they have exhausted the financial resources of all the people keen to Hoover up the so-called 'bargains' at 10 or 11 cents.
Ann: Change in substantial holding, page-45
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Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $389.6M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 42.5¢ | $277.8K | 645.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 151647 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 330468 | 10 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |