Here is my read on it for what its worth. Been watching top 20 for a while and a part shareholder since 2017. EOFY 2023 Ray had around 96 million shares. Imo he started selling down when we were around 12 cents just before the cap raise, last sales at 9.7cents. Cap raise done at 7.5 cents and he continued to sell down.As of a few weeks ago he was down to 69 million shares. Last night someone reported an off market trade for 39 million and today someone has said there is a block trade for 30 million. This all funnily enough adds up to 69 million shares
My guess is that Aus Super and management are the buyers but we will find out soon enough.Think this is a really good thing with committed long term investors.Watch this space. GLTAH
Here is my read on it for what its worth. Been watching top 20...
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Last
5.5¢ |
Change
0.001(1.85%) |
Mkt cap ! $73.83M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.9¢ | 5.3¢ | $168.1K | 2.998M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 78405 | 3 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
5.3¢ |
Change
0.001 ( 1.15 %) |
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| Open | High | Low | Volume | ||
| 5.6¢ | 5.9¢ | 5.3¢ | 1081166 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| ALC (ASX) Chart |