If the directors want the capital raising to succeed then they might have to organise a buying spree to raise the share price. If that is to occur then any buying at the current level will prove to be profitable.
if jessie livermore"s ghost could speak, he would call this "painting the tape" modern day term is pump and dump,
i doubt the directors or staff of this company are going to do this, considering the legal risks if investigated ,
after 20 years listed , i dont think they would bother trying to raise the SP artificially
If the directors want the capital raising to succeed then they...
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Last
62.5¢ |
Change
0.040(6.84%) |
Mkt cap ! $85.84M | |||
| Open | High | Low | Value | Volume |
| 58.5¢ | 62.5¢ | 58.5¢ | $43.92K | 72.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3585 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 3748 | 1 |
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| Last trade - 15.51pm 29/07/2024 (20 minute delay) ? |
| SMN (ASX) Chart |