HI Alee,
The shorting that happened after each capital raise goes to show that we didn't give the shares away too cheaply according to Mr Market. Put another way the underwriters had to buy a lot of shares to earn their fees and options which they sold on market before they had to pay for them and created a buying opportunity for those who couldn't raise funds quick enough to participate in the offer.
The quantities are not big but the surge in selling immediately after the CRs certainly belted the SP down which would have been a signal to those who follow the leader to sell. Crazy market playing follow the leader. Not hard to know where to pin the tail when it's time to change games.
0.175 % of 2,000,000,000 = 3,500,000 shares
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6.9¢ |
Change
0.002(2.22%) |
Mkt cap ! $144.5M |
Open | High | Low | Value | Volume |
6.9¢ | 6.9¢ | 6.6¢ | $196.5K | 2.891M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 679967 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 461103 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 679967 | 0.066 |
8 | 1250346 | 0.065 |
3 | 331265 | 0.064 |
3 | 390888 | 0.063 |
3 | 546145 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 461103 | 2 |
0.070 | 625914 | 8 |
0.071 | 301000 | 2 |
0.072 | 420000 | 3 |
0.073 | 100000 | 1 |
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