How do you come to that conclusion?
We've seen 1.5bil shares support an SP of around 7 cents without a sniff of helium. Hit some decent pockets - and maybe in a position to off-load some - and the SP will respond to that.
I own shares in a company with around 5bil shares - it is up 20% this week - without any sales. I know of another company on the ASX with 700mil shares and it is going nowhere.
Number of shares will never trump good potential in a short time fundamentals.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $13.47M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $45.15K | 9.007M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 514861 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3604481 | 9 |
View Market Depth
| Last trade - 15.25pm 27/06/2025 (20 minute delay) ? |
| BNL (ASX) Chart |