I am not baffled that the SP has gone down, dissappointed - yes.
When all this work has gone into Cap raising,SPP - dillution of the old school, Tincom etc etc and when it all looks rosey - BANG the Bros sell 20 million shares. That doesnt look good to the Insto's or shareholders that might have a punt on this one. Does that mean that the co is in trouble? are they bailing? do they need the cash? could they have sold in a better way?
whats done is done, what we need from here is that the C Bros stop selling, how do we stop them, can we stop them. maybe escrow? maybe they line a buyer up off market who does want in (tincom).
I agree Sp3, the co is in as good a shape from a business view point as its ever been, just need to mop this one up. can it be mopped up - I beleive so. to follow i imagine would be the analyst report, maybe intos involment, spv....
next week will be interesting either way.
i have bought more the last two weeks, thankyou C Bros.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.343M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $0 | 3 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
55 | 28865050 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 11777181 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
55 | 28865050 | 0.002 |
30 | 41461532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 11777181 | 23 |
0.004 | 5736852 | 8 |
0.005 | 3716859 | 24 |
0.006 | 5155234 | 9 |
0.007 | 918333 | 2 |
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