At least around 7.5M were traded out of the 11M bids before the rest of .03 bids disappeared.
Big question is how many of the bids are fake between here and .025 with around 37M currently there.
Once it falls below 0.25 the chances of just selling the 100m to sophs next week probably disappears.
Claim of course is "GBA and the Company have received firm commitments for the full amount of the capital raise" in the presentation pg 21, but suspect many will claim the company didn't tell us everything as reason for pulling out, or something similar..
Realistically SGQ should be getting a please explain from ASX/ASIC, for the huge sell off today and questioning of why they failed to mention the CBMM Tailings Dam in the presentation. the tailings dam should have been shown in the cross section on pg 11, because it exists. Leaving it out was very deliberate!!
At least around 7.5M were traded out of the 11M bids before the...
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Last
2.5¢ |
Change
-0.016(39.0%) |
Mkt cap ! $24.71M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.2¢ | 2.5¢ | $1.583M | 46.47M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 13105000 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 1496000 | 5 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| SGQ (ASX) Chart |