Yes is the answer, due to the seed not being able to sell. The IPO was completed at 20c as I'm sure you're aware.
Who do you think is selling? As from my research the only investors able to sell here are from the 20c IPO raising.....
Ann: Investor Presentation, page-23
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $8.930M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 10.5¢ | $585.0K | 5.074M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 105953 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 58794 | 1 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| AXL (ASX) Chart |