This sell of is ugly. It's most probably coming from the investors who are going to participate to CR of $2.4m at $0.02 per share.
I think MW couldn't stop them selling this time.
People can buy cheap shares now but it's still it's ugly that those investors are selling their existing shares at higher price for buying their new 2c shares.
2c placement buyers selling off? MW can't stop them from selling?
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $34.73M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $28.77K | 143.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90000 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 356 | 1 |
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| Last trade - 12.50pm 21/06/2024 (20 minute delay) ? |
| SRT (ASX) Chart |