Just because another stock is coping well with many shares on issue, doesn’t mean they all will. 9/10 too many shares on issue holds a share price down and opens it to wild manipulation which is what’s happening here.
Management should consolidate and then commence a new buy back. It would shut out the manipulation and pip traders and make the registry more healthy
Ann: Quarterly Activities and Cashflow Report - December 2023, page-34
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Last
1.3¢ |
Change
0.001(4.17%) |
Mkt cap ! $57.27M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $779 | 62.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3205529 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 27782800 | 37 |
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| Last trade - 13.09pm 25/07/2024 (20 minute delay) ? |
| BRK (ASX) Chart |