Something that does concern me going forward is the apparent illiquidity of CRML on the NASDAQ. If management have not locked in any funding deals prior to listing (on the proviso of listing, other than GEM), then what is to stop fund managers manipulating the price in order to buy in for a song?
CRML started trading at say $17, three days ago …. It’s at $10 now with bid/offer of $9.10/$17.60 after hours.
It has been in the red some 20+% everyday that it has listed. New shares, as a source of funding, cannot be issued for 60 days …. So unless I’m mistaken this avenue of funding could become very expensive from a shareholder point of view should this manipulation occur and simply put I can’t see it not taking place.
BRP or Carbon I’d appreciate your thoughts on this as I am sure the forum would appreciate your input on the above quandary….. cheers.
Something that does concern me going forward is the apparent...
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Last
4.7¢ |
Change
0.001(2.17%) |
Mkt cap ! $65.71M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.7¢ | 4.4¢ | $111.3K | 2.455M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250000 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 41173 | 1 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
4.5¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 4.5¢ | 4.5¢ | 4.5¢ | 216906 | ||
| Last updated 15.35pm 22/05/2024 ? | |||||
| EUR (ASX) Chart |