I think APs loan deal with HSBC could be a possible signal for share price. i e., AP thinks the share price would go higher and he would redeem those shares back. Thus it is not a selling /disposal of shares in nature by director. The reason imo is : for 40 million shares the value at deal should be at around $2.8 million (later the September SP was at around 7.c) so based on May’s share still is in a semi speculative nature, the lender would only give him a loan of around $1.4 million at the best (@50% of the securities value) and 1.4/40 = 0.035, that means he is selling his shares now at 3.5c Ps , if he is not going to redeem them back before or on the loans maturity. I don’t think he would do this.
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3.9¢ |
Change
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Mkt cap ! $121.3M |
Open | High | Low | Value | Volume |
3.3¢ | 4.1¢ | 3.3¢ | $454.3K | 12.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 150000 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 1337556 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 150000 | 0.038 |
8 | 911027 | 0.037 |
12 | 1552463 | 0.036 |
4 | 692857 | 0.035 |
3 | 161941 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 1337556 | 7 |
0.040 | 2164026 | 10 |
0.041 | 507175 | 4 |
0.042 | 156055 | 2 |
0.043 | 838284 | 5 |
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