I can tell you what is likely happening here: the capital raise participants are getting to dump their 9c shares and keep the free options. If the buying keeps up, they'll be able to move their sells up to 10c and book a profit as well as keeping the free options. Bingo!
Ann: Carpet Court Successful Rollout & Lending Agreement, page-20
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $50.63M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $3.664K | 345.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4458789 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1790962 | 7 |
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| Last trade - 15.44pm 27/09/2024 (20 minute delay) ? |
| SPX (ASX) Chart |