Q: Big selling / big volume...who's buying? Can't be $1.5m of retail investors - who are already underwater (bottom of the ocean).
If this doesn't go fins up, and they can restructure the debt, then the upside is significant.Take over target, sale of assets, etc. IF it doesn't go to the wall, then what's the most likely alternate outcome?
I sold 80% of my holdings, still have a bit but watching closely to see what happens. Obviously, its all about the balance sheet. If it gets some reprieve, at this price, i'm a buyer.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-138
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $69.99M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $57.63K | 7.386M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 63 | 45854026 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 10430327 | 5 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| BCB (ASX) Chart |