You do realise, dont you, that "Strong institutional support" is the standard plonka buzzphrase that acoompanies ALL placements?
Translated into English it means "we found a bunch of sophs and instos who reckon they can make a quick 10% after the raise, by selling the cheap shares they got in the raise, soon after, and then move onto the next offer they get from a broker". Wash, rinse, repeat.
Dount their will be strong support for this until soemhow the huge CAPEX is funded.
You do realise, dont you, that "Strong institutional support" is...
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $86.60M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $60.40K | 402.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14909 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 21500 | 2 |
View Market Depth
| Last trade - 15.57pm 29/07/2025 (20 minute delay) ? |
| CVV (ASX) Chart |