Yes. This is almost certainly what is known in the US as a PIPE investment. I haven’t checked the share register but the US investor is very likely to be selling all the stock. Since the deal runs until the middle of next year it is difficult to see the shares having a sustained run.
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5.0¢ |
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Mkt cap ! $32.96M |
Open | High | Low | Value | Volume |
4.9¢ | 5.0¢ | 4.9¢ | $9.99K | 201.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 71486 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 439309 | 2 |
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No. | Vol. | Price($) |
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1 | 42500 | 0.048 |
2 | 8412 | 0.047 |
3 | 42447 | 0.046 |
2 | 116666 | 0.045 |
2 | 75000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 439309 | 2 |
0.053 | 134315 | 1 |
0.054 | 236051 | 3 |
0.056 | 105000 | 1 |
0.057 | 50000 | 1 |
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