That looks like exactly what has happened.
CT thinking "How can I get these into my super without a CGT event"
Release the investor presentation to flag the raise, get the sell down, then announce the raise, to drag it down again back to his original price or a tiny gain of which he gets a 50% deduction for as he got them a large portion just over 12 months ago, then he can do an off market transfer where he can just nominate the lowest price of the day, shuffle the ownership into super and its concessional 15% tax environment and who cares how many holders get bent over...
Working in whose interest..... Wow
That looks like exactly what has happened. CT thinking "How can...
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $30.82M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.7¢ | $71.13K | 3.890M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 6460840 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 3200000 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
1.8¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.9¢ | 1.8¢ | 2127531 | ||
| Last updated 15.10pm 06/06/2024 ? | |||||
| TEG (ASX) Chart |