They had about 53M shares to dump, realised price would have been around 12c (at a guess). No doubt also tripping some stop-loss's on the way down.
I was expecting them to be a cap, toping up the sell side at 16-17c with their placement.
For them to take such a bath on it is a little concerning. Sure they receive a fee of 4.5% of underwritten shares (or around $400K) but looking at the sale price they would have received ... that's quite the loss, and aggressively fast.
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $45.58M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.5¢ | $301.2K | 18.92M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 5410142 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 1654438 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 5410142 | 0.015 |
24 | 3176857 | 0.014 |
3 | 869023 | 0.013 |
7 | 1112000 | 0.012 |
5 | 2209091 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 1654438 | 2 |
0.017 | 258872 | 1 |
0.018 | 2902413 | 5 |
0.019 | 1450000 | 2 |
0.020 | 829415 | 4 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
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