Comments about a CR are pure speculation. The BOD have $1M+ in the bank. More likely individuals who didn't have their contracts renewed are selling down. If I was in their position I would do the same. RH has departed the company according to his LinkedIn post. RB may not had his contract renewed.
I think these possibilities have led to a dumping of shares this morning rather than a SH(s) assuming a CR is on the cards.
Pure speculation on my behalf. Time will tell.
Cheers Rob
Ann: Pause in Trading, page-8
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $4.078M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $16.15K | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1077973 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1025339 | 4 |
View Market Depth
| Last trade - 13.11pm 28/10/2024 (20 minute delay) ? |
| ICG (ASX) Chart |