IPT 7.69% 1.4¢ impact minerals limited

I put most of the selling down to the capital raise overhang...

  1. 721 Posts.
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    I put most of the selling down to the capital raise overhang given the generous option issue. Those who participated can sell at 1.7c and still be up given the 3 for 2 oppies. There looks to be someone mopping up at 1.7-1.8 which is encouraging. It is a little hard to see the buying with the weight of selling overhang. Depends what lab but they tend to run quite tight ships from my experience. I would of thought there would be tight controls in place, particularly at the larger firms, including sample anonymity during processing by the lab.

    I managed to catch up with Mike yesterday who confirmed, without going into specifics for obvious reasons, that some of the samples needed to be re-assayed. He confirmed drilling is ongoing and indicated a market update was in the works. I suggest you contact the company if you have concerns as I found Mike to be very professional and approachable.
 
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1.3¢ 1.4¢ 1.3¢ $23.43K 1.720M

Buyers (Bids)

No. Vol. Price($)
19 5091471 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 315937 3
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Last trade - 15.36pm 23/08/2024 (20 minute delay) ?
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