This is sad but that's how they play. I wonder if people who get the SSP at 17c will dump immediately as they get the shares (if they are in the money). Even Regal already dumped a fair amount of the shares in the CR. I worked out that they sold roughly 2.5 million shares at an average of 18.8c per share. So, that's not a lot of profit but that reduces their exposure. We will see soon if they sold again yesterday when it got over 25c per share. At this level, a move of a few cents is between 25%-50%. It could be fun for a small trade.
Ann: Share Purchase Plan, page-31
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $5.284M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $5.728K | 1.437M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 14408991 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 9598203 | 9 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| EXL (ASX) Chart |