We have no idea what 'deals' have been agreed behind the scenes. And also, if there has been a lot of shorting, who has been doing all the lending of shares.
I honestly have no idea what has been going on, but this seems to me to have the fingerprints of a certain PE company from the USA all over it. If so, they don't rush at things. I would not even be surprised to see them drive it down to 5 or 6 cents reasonably soon , after they have exhausted the financial resources of all the people keen to Hoover up the so-called 'bargains' at 10 or 11 cents.
Ann: Change in substantial holding, page-45
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $362.4M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.5¢ | 38.5¢ | $1.265M | 3.199M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 140053 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 302007 | 9 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| MLX (ASX) Chart |