Most likely the largest shareholder on the register is selling some of his holdings (1.67m shares). I believe the majority were at 5.9 cents some weeks back.
What a missed opportunity with the share price now at 7.9 cents?
He must have needed the cash urgently or was it because further dilution is expected as a result of the recent acquisition?
To me, a reduction in major shareholder interests (from 10.68% to 9% of the register) is rarely a good announcement.
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Last
8.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $118.8M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.3¢ | 8.2¢ | $242.7K | 2.941M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1580224 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 524513 | 10 |
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| Last trade - 15.05pm 23/06/2025 (20 minute delay) ? |
| EVS (ASX) Chart |