D&C
Agree entirely and a very nice viewpoint from you on things as always
The lack of free float has always been a hindrance to anyone trying to build a large position, so I have for long said this is the only way for someone to get set, other than through a CR
Agree they are here for the longer term and not a trade, however, generally when someone comes on as a substantial holder they don't tend to appreciate the shareprice being 10-15% lower within a few days
A paltry buy of less than $50k would have the stock back to their entry price and should see it become support and floor price, around 18-20c - IMO they will spend the additonal cash to make this happen
5.6% substantial holder @ 18c per share, page-8
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.92M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 87271 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 25000 | 1 |
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| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
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