The recent increase in sales volumes suggests that some insiders may have provided larger holders with an advance warning as last week, it appeared a significant holder was selling off a large volume at .004 to .003.
It is probable that some were aware of an upcoming CR and the resulting dilution of shares, which would likely drive down the price .
This scenario could allow them to repurchase shares at a lower price post-fallout.
Ann: Trading Halt, page-16
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.737M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $101 | 50.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 46967801 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 14018064 | 17 |
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| Last trade - 13.01pm 24/07/2024 (20 minute delay) ? |
| SI6 (ASX) Chart |