I suppose an upside to this is that there’s clearly nobody holding who values their position under 2.5c , meaning even though the raise was at 2.2c there won’t be much, if any, selling into that price.
Raise at 2.2c and exit at 2.5c on $4m raised generates 550k of wealth out of thin air, overnight. Not bad for having special access through a broker.
Especially given that we will have the HY results out early next week and I suspect that will be cause enough for institutional investment and HNWIs to come in and justify their re-rated price. Solid play, sweeps a few inconspicuous tactics under the cover of a HY…
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I suppose an upside to this is that there’s clearly nobody...
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $25.77M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.0¢ | $18.92K | 916.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.2¢ | 1414817 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.021 |
13 | 1811904 | 0.020 |
6 | 483709 | 0.019 |
4 | 520595 | 0.018 |
5 | 677578 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 1414817 | 8 |
0.023 | 1720998 | 7 |
0.024 | 4672743 | 9 |
0.025 | 4893832 | 8 |
0.026 | 798548 | 4 |
Last trade - 10.32am 02/05/2024 (20 minute delay) ? |
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Last
2.1¢ |
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Change
-0.001 ( 0.00 %) |
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Open | High | Low | Volume | ||
2.1¢ | 2.1¢ | 2.1¢ | 23133 | ||
Last updated 10.32am 02/05/2024 ? |
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