there was accumulation/nett buying by several 'full fee brokers' from at least Mar 18 to March 2nd . this was in the 6 range and imo was to set up a 4.5cent placement.
so mgt were aware that gmp were organising a placement, and also that there was an accumulation by a 'active investor' anticipating participating in the CR.
anyway so perhaps this activity 'backed' the outlook news, the 6 centish accumulation and further financing arranged but VA called to finally settle all Creditors Claims for "legitimacy".
this $200 grand Ferrier Fee item further gives that the expectation is of a short VA ending at the April Meeting ie Company Affairs handed back to Directors to pay creditors as per VA ruling.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 32949 | 1.0¢ |
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No. | Vol. | Price($) |
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1 | 32949 | 0.010 |
4 | 1992152 | 0.009 |
3 | 351251 | 0.008 |
3 | 542850 | 0.007 |
2 | 410000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 171697 | 2 |
0.012 | 255512 | 3 |
0.014 | 83332 | 1 |
0.018 | 166666 | 1 |
0.020 | 2014245 | 3 |
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