SP3,
I hope your right ! A buyer with $100k itching to get set could play havoc with shorters if your correct.
ariesman did post some points that make sense.
It is insanely suicidally crazy to short this illiquid stock under 2c (unless you have a means of covering).....but apparently its happened. He says 22%....Id like to see confirmation of that.
Yesterdays ann was reassuring.
"meet with senior representatives of Victoria Capital and a major Chinese power station that is to be the end user of the Coldry product, in late February."
Emphasis on "THE" end user. So all the parties are there (hopefully) to give the green light. The SPP will be strongly supported IF this meeting takes place.
Id be more relaxed if Kos and/or family owned a couple of million shares.
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0.3¢ |
Change
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Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $3.469K | 1.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 19513067 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 11596834 | 27 |
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| Last trade - 15.57pm 21/06/2024 (20 minute delay) ? |
| ECT (ASX) Chart |