Zentree - What do you know about them? Are they out of cash? Heaps of Cash? Margin loans or not? Other people's money or their own? What proportion of their total funds is the $20m plus that has been wiped out? I would assume you know as much as I do.
Otherwise my theory is that they are desperate to get out of this stock, but can't as they have too much, so have spent another $4.5m or so to stop this looking so tragic, and hope that something will come up, if there is something to provide any confidence at all. And often something does come up too - no doubt.
I'd never celebrate anybodys losses, and hope they do get out of this - but after I have closed my short preferably - lol. But cannot see why I would care if they buy some more, when they are stuck in a desperately tragic trade.
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $398.6M |
Open | High | Low | Value | Volume |
1.7¢ | 1.8¢ | 1.7¢ | $2.697K | 150.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8064 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 114292 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8064 | 0.017 |
11 | 1325315 | 0.016 |
9 | 1442800 | 0.015 |
23 | 2976871 | 0.014 |
7 | 1312691 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 114292 | 2 |
0.020 | 1421076 | 5 |
0.021 | 40000 | 1 |
0.022 | 412498 | 4 |
0.023 | 150045 | 1 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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