3c, they paid $2M in placement to get their share of ~ 66.6M shares (Page 2, Annexure 1).
It looks like they also purchased around 1M shares on the market (which would be above 3c).
They might be dodgy (some of their traders actually got convicted for market manipulation), but I don't think you get 6% ownership of (relatively) illiquid share to short it.
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 (20min delay)
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.76M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $16.96K | 1.683M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1713684 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 9603138 | 15 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| BLG (ASX) Chart |