Maybe I’m completely on the wrong track… could it be they know that they will have the opportunity to close positions from stock selling in the raise?
Continued shorting to hold the market around the CR price… best case they get a few panicky stop sells and unload cheaper otherwise one of the funds sell out to them. Could it be that simple? Their confidence is alarming I must admit
General comments/chat, page-24508
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Last
0.7¢ |
Change
0.001(8.33%) |
Mkt cap ! $22.28M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $20.77K | 3.091M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 10150082 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 7545882 | 21 |
View Market Depth
| Last trade - 15.46pm 11/11/2024 (20 minute delay) ? |
| ADN (ASX) Chart |