Incredible reduction of shares both in bid and offer stacks. Only 125/145K respectively at one stage. Now there's 780K on the sellers. There'll be a few investors trying to arbitrage this divvie. Good luck with that in a very illiquid stock, with trading bots ready to drive some hard bargains for short term traders, wanting to arbitrage a few cents from the dividend.
Every cloud has a silver (and gold in this case) lining. Weolyu silver and gold results will probably bail the short term traders out, if they're patient enough to wait for these. I hope that some of these short term traders recognise it could be in their best interests for a buy and hold for a while. This second half of 2017 is going to be the making of SAU!
Ann: Change of Director's Interest Notice - S Mitchell, page-5
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.443M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $1.822K | 202.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 450000 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2912976 | 5 |
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| Last trade - 10.31am 26/07/2024 (20 minute delay) ? |
| ION (ASX) Chart |