So...
- Insto's threatened to boycott the raising if retail were involved...as per the webinar.
- A manager holding A$1.7M worth of a stock (8%) sells A$8.7K dollars worth of that stock (at avg $0.42)
This only makes sense if said manager wants to force the price lower...
- on the day the stock reopens after the placement announcement
- in a thin market
- dropping the price from the prior day's close of $0.475 to $0.43
Ann: Change in substantial holding, page-2
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Last
32.5¢ |
Change
-0.005(1.52%) |
Mkt cap ! $22.03M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 33.0¢ | 30.5¢ | $2.125K | 6.747K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7850 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 12580 | 3 |
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| Last trade - 15.55pm 13/11/2024 (20 minute delay) ? |
| CNQ (ASX) Chart |