Yes I can understand your thinking...and I am a little concerned too as it is highly speculative.
However, $30million has been pumped into the stock at an average price of approx 37.5c - 38c. Makes no sense to pump and dump for 3% returns?
I think someone has definitely bought a 7-8.5% stake in three days.
If a substantial shareholder notice is not out by the end of the week, I think you will be found correct.
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Last
25.0¢ |
Change
0.010(4.17%) |
Mkt cap ! $72.92M |
Open | High | Low | Value | Volume |
25.0¢ | 25.0¢ | 25.0¢ | $17.14K | 68.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16238 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 37225 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16238 | 0.235 |
1 | 149869 | 0.230 |
2 | 4637 | 0.225 |
1 | 75904 | 0.220 |
2 | 9500 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 37225 | 3 |
0.265 | 12525 | 1 |
0.270 | 45000 | 2 |
0.275 | 12350 | 1 |
0.280 | 2542 | 1 |
Last trade - 12.36pm 15/07/2024 (20 minute delay) ? |
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NXS (ASX) Chart |