The share price is just so sick at the moment. Touched $1.03 just now. This is the chart of a company about to raise capital. Only we did that last year and have $60m in the bank. So what is it? Somebody knows something.
This smells real bad. Institutional shareholders who stumped up the vast majority of the $49m capital raising 1 year ago would be absolutely livid. They’re sitting on a 50% loss in one year. I wonder what negative news will be cunningly buried or surprisingly revealed in the QR in the next few days.
Seems like a few insiders have had the old nudge nudge wink wink and have been selling down a little and the poor SP has been exacerbated as a result of no buying support. Us retail muppets will be the last to know.
CEO Jackie Fairley is on borrowed time.
Looking forward to a heap of positive announcements, page-30
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 232319 | 5 |
View Market Depth
| Last trade - 10.08am 14/11/2024 (20 minute delay) ? |
| SPL (ASX) Chart |
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