All we are seeing is managements (or there advisors) stupid decision of satisfying all the demand by issuing the extra $1.6m to "sophisticated investors" while directors and management under subscribed. We are all thinking they took the money because results are bad and they broke the cardinal rule;
Always leave the market wanting more, not fully satisfied!
The machivillian in me (half glass full) says there is a bigger game being played out, otherwise Mr/Mrs market is right and we should all be running for the exit.
IMHO, DYOR
Pittwater
Lind Partners, page-20
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $13.63M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $7.612K | 3.753M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5729449 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 12383990 | 52 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| IVX (ASX) Chart |