I realise chances are slim but may explain the odd trading behaviour/pressure on SP and rapid up take of Cr.
That single UK investor has shares at various price points(obviously with some/all being sold down in the months previous to option exercise - possibly to limit exposure while products were produced/tested?) including the 0.015 we are now touching - gained through the exercise of options only 3-4wks before this "unnecessary" cr was announced.
Is there any chance the company initiated this latest cr for this person/organisation? Specifically I am wondering if anyone can shed light as to the legalities of this?
Ann: Appendix 2A, page-32
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Last
1.0¢ |
Change
0.002(25.0%) |
Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 1.0¢ | 0.8¢ | $116.3K | 13.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1560000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 4629588 | 25 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |