Hi Fred,
lots of trapped shareholders - like many micro caps that have fallen by the way side.
They seize the opportunity of a liquidity event and sell at any price. The view is to deploy that money into a more productive investment.
Eventually quality buyers will return to these bashed up assets and by then the trapped holders will be long gone.
That is when a stock can run freely with no 'overhang'.
DYOR
Ann: Additional High-Grade Gold Intersected in Eastern Goldfields, page-8
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $5.204M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $23.00K | 3.300M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2064834 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1241000 | 4 |
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| Last trade - 15.56pm 23/07/2025 (20 minute delay) ? |
| RC1 (ASX) Chart |