It would make sense if it were A2M and Bright buying up on the way down - but they can't. No other significant holder notices either. Does make you wonder who the shares are trading hands to.
I would have thought capital raising was a better idea when the market cap / share price was double what it is now. Seems there would have been a better chance at attracting investment at that point.
Ann: Market update deleveraging plan, bank covenants, guidance, page-95
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Last
23.0¢ |
Change
-0.015(6.12%) |
Mkt cap ! $50.27M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 22.5¢ | $42.03K | 180.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4221 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 13027 | 2 |
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| Last trade - 15.57pm 05/07/2024 (20 minute delay) ? |
| SM1 (ASX) Chart |