Doesn't sound good to me, explains the trading in the companies shares over the last few weeks.
Price sold off on smallish volumes to sit around low 20's for a few weeks, then rises for no reason.
Allows the capital raising to be done at a low price..... be very interesting to know who is getting shares in the issue.
My bet is existing holders don't get a look in.
Ann: Trading Halt, page-3
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $86.03M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 19.0¢ | $9.625K | 50.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 195682 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 64206 | 1 |
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| Last trade - 10.02am 23/08/2024 (20 minute delay) ? |
| DEV (ASX) Chart |