Typically, it happens after approvals before drilling, incase first hole doesn't meet expectations, however I have seen investment firms throwing money at small stocks while sp is low , in other words making them an offer they can't refuse, it's just part of the risk you take on when investing in penny shares.
Bored to Death, page-37
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Last
0.5¢ |
Change
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Mkt cap ! $13.47M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $4.018K | 886.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 5598437 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 23148949 | 18 |
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