He sold at 10cps to help fund his commitment at 13cps
Perhaps he was hoping or planning to get a better on-market price for his sales, although the 1:1 attached options in the placement would help soften the blow.
It's a bit on the nose that the directors endorsed the placement with their $1m commitment but we now find that one of them(so far) was selling on-market to part fund that.
Ann: Change of Director's Interest Notice, page-6
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Last
5.7¢ |
Change
-0.003(5.00%) |
Mkt cap ! $27.06M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.8¢ | 5.6¢ | $29.31K | 516.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 153747 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 9090 | 1 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
5.7¢ |
Change
-0.003 ( 2.90 %) |
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| Open | High | Low | Volume | ||
| 5.7¢ | 5.8¢ | 5.6¢ | 135560 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| NHE (ASX) Chart |