Unfortunately I can only guess...
There were 120 million shares in the placement. I think a few other brokers sold at least 20 million into the 5 cent pump. Bell Potter has sold at least 20. That leaves 80 million between lead broker Hartleys and whoever else including Bell Potter is still holding? So I doubt they have too much more.
The placement was at 2 cents so I doubt anyone that didn't sell into the 5 cent pump will start dumping now down to 2 cents. It's going to be weak retail holders selling down any lower if it happens and professionals buying up IMO.
I am preparing with lots of buying ammo for an accumulation event on a quarterly that is perceived as 'bad' because it seems like the market has no idea how to read financial reports and won't realise that they received a few million cash last quarter in advance.
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.13M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 12.0¢ | $2.222K | 18.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 64350 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 140000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 64350 | 0.115 |
2 | 234030 | 0.110 |
1 | 30000 | 0.105 |
2 | 535000 | 0.100 |
1 | 20000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 140000 | 3 |
0.130 | 99230 | 2 |
0.135 | 125299 | 3 |
0.140 | 150859 | 1 |
0.185 | 100000 | 1 |
Last trade - 11.37am 14/10/2024 (20 minute delay) ? |
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