Pretty simple. It's a pretty rubbish company that is acting way too early in a developing market. This deal was the only chance for >6 month holders to profit, and it 'fell through'. I say 'fell through' because any serious investor/trader knew it would never take off.
Honestly, selling holdings and putting them in a better stock is a much better way of making money than 'in for a penny in for a pound'
Selling of Shares???, page-7
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $117.7K | 11.54M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 25553334 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3530000 | 8 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |