Icebluedenim. There are only 155 million available and at .011, is, if you believe the long story, will probably be a once in a lifetime opportunity. So, IMO, VERY many people would have tried to maximize their ENTITLEMENTS, at least, and that also takes cash.
A trade off by selling anything above .030, which would still represent a profit to them, would be a no brainer. I wouldn't imagine that the big individual holders were the ones paying up to .072, just, DTs chasing the money after that pump article the day before talking about 5 baggers as if it was money for jam and they got sucked in and then had to pay for them (yes, dumping at a loss).
Another $720K turnover so far today and SP still holding. There ARE genuine buyers wanting in to the long story.
KAI - this weeks prediction!?, page-67
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $26.20M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $17.32K | 1.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 6113258 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 4310886 | 8 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| KAI (ASX) Chart |