If there was insider buying today, there's no way this churns nearly 9m shares for only 3c gain.
Free float is only 56m with T20 holding lets say 45%
So assuming the T20 is unchanged today, that makes 30m free float which is around 30% of the registry traded. Those numbers suggest it's 95% day traders.
You will see the true float when real news hits and the sell side starts to vanish as daytraders wont be able to control it.
If there was insider buying today, there's no way this churns...
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Last
20.5¢ |
Change
0.015(7.89%) |
Mkt cap ! $14.73M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 21.5¢ | 19.5¢ | $373.9K | 1.827M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 52382 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 20860 | 3 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SUM (ASX) Chart |