If AW1 is going to do almost all of its so-called “IR” via regular paid promotion on a German gold blog - which is hardly a daily go-to source of influence for institutions or most new & potential investors in their home market, despite obvious efforts to ensure links & content swiftly appears here for retail on HC - then perhaps it should move its listing to Frankfurt as the primary bourse. Or to Canada, given the roundabout way the stock is effectively frontrun in the BAY forum, with anon speculative posts there screenshot and then posted over here too as if they are somehow authoritative.
I think genuine Australian investors are increasingly skeptical about this type of circumventive “IR”. I know, for example, that all I would need to do to create a window of retail excitement here is to trade a noticeable yet comparatively small value parcel of BAY in Canada overnight for no profit or a small loss, and the next day these HC threads will be full of wild speculation that inevitably helps to inflate the AW1 share price & volume long enough to enable an offload of much bigger value parcels of local holdings (and converted 10c ex options) for much bigger profits. With a rinse & repeat to follow.
We’ve seen this type of cunning behaviour time and again with AW1, but I dare say, as more people & market observers are switching on to it, that the jig may soon be up. Until AW1 adjusts its mechanics and stops behaving like an OTC penny stock, it will keep being regarded as one imo.
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Last
12.0¢ |
Change
-0.003(2.04%) |
Mkt cap ! $62.18M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.5¢ | $44.27K | 371.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 566095 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 387054 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 566095 | 0.115 |
11 | 1034545 | 0.110 |
8 | 1596500 | 0.105 |
7 | 685061 | 0.100 |
1 | 200000 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 387054 | 5 |
0.125 | 192421 | 4 |
0.130 | 601334 | 4 |
0.135 | 543245 | 8 |
0.140 | 966319 | 9 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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