Blackrock see the writing on the wall and are getting out. A devastating blow of confidence for SVL to have such an astute fund bailing. They have obviously not liked what they have seen.
Massive cash burn means another cap raise is imminent and another dose of massive dilution for shareholders. Both these two issues will put further tremendous pressure on the share price.
glta
Blackrock see the writing on the wall and are getting out. A...
Add SVL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $699.5K | 4.232M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 786188 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1795421 | 21 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |