Perhaps your right nihilism. I would understand that given your stock disclosure that this is the option that you would go for.
But can you think of a better way of reducing the 30 day VWAP for those 20 million shares you were after. And i am not implying that this is the case but if you were to do the hypothetical numbers.
Sell 13.5 mill for 1.6 million. Hope to drop the 30 day VWAP to a lower price than your sale price and then scoop up your 20 mill at what you hope will be a lower price.
This director appears to have a strong set of moral values so this is probably not the case.
CC
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Last
1.4¢ |
Change
-0.002(12.5%) |
Mkt cap ! $22.88M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.3¢ | $155.3K | 10.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 10937004 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1860000 | 6 |
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| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| ICG (ASX) Chart |