Hi @twothumb,
I'd say that with 400M odd new shares just being let loose on the market it would be rare to see no selling and downward pressure on the SP. I think the rights issue was not fully subsctibed, so I imagine the underwiter would also be selling.
It's hard to detect any other factors suppressing the SP, if so, then there would be a mass exodus at prices below 1.2c.
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.175M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40003 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 335525 | 3 |
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| Last trade - 09.59am 07/08/2025 (20 minute delay) ? |
| GW1 (ASX) Chart |
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