Sure, each to their own.
1.6m shares released from escrow today. 140m shares on issue, so basically 1% of the registry. Pretty negligible IMO. Do you reckon it's worth the effort to ramp up the price to sell out 1%? Wanna see a live case study of ramping up prices so the founders can sell out, look at KGN.
PLY raised $28m at $0.75, of which $25m went to insto. Sure the other $3m retail punters could make a quick profit from trading the stock, I doubt the instos would pour money in to make 10-20%.
Ann: PlaySide and Shiba Inu Games Sign Strategic Agreement, page-24
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Last
71.0¢ |
Change
-0.010(1.39%) |
Mkt cap ! $289.7M | |||
| Open | High | Low | Value | Volume |
| 71.5¢ | 71.5¢ | 68.5¢ | $125.3K | 179.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8487 | 69.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.5¢ | 19998 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PLY (ASX) Chart |