Look the current price manipulation / action is about the capital raising; nothing more, nothing less. The game is to lower the 5 or 30 day average close price of the stock so the crooks can get a discounted issue.
But.. the good news is, that if you can wait until either news or the allotment to the crooks is made, the crooks will likely instigate a pump and dump to off load their shares for maximum profit.
Just wait until that gets going, it might take a couple months, average down in the meantime if you can, and get out during the next pump and you will be fine IMO. Just be ready to see the signs of the dump algorithm (i.e., rolling and dropping bid support) so you get out then and don’t get caught by that false bid scam and be left holding.
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$5.5m raised from rights issue, page-52
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.229M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $5.431K | 1.357M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 26519870 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7889760 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 26519870 | 0.004 |
30 | 26629632 | 0.003 |
16 | 21570001 | 0.002 |
13 | 50791998 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7889760 | 12 |
0.006 | 9669918 | 11 |
0.007 | 1525381 | 3 |
0.008 | 75000 | 1 |
0.010 | 275230 | 2 |
Last trade - 11.23am 15/11/2024 (20 minute delay) ? |
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ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
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