We all wish we knew.
My theory is that someone wanted to buy the company and deliberately knocked the price down from 5 to 3 cents.
As the defence relied on some time, and some cash, a capital raise it was done at 1 cent to force/ensure the current holders to back it.
At the same time as the CR the company was given to Kidder Williams.
After the CR there were some encouraging share price moves up, but in the last couple of months, someone doesn;t want the price above 1 cent, sells into any 1 cent order and there's a huge permanent sell clamp at 1.1.
But your guess is probably better than mine.
All we do know is that something will happen soon
- Forums
- ASX - By Stock
- OSL
- Ann: Entitlement Offer to raise up to $9.9 million
Ann: Entitlement Offer to raise up to $9.9 million, page-121
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OSL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.001(4.00%) |
Mkt cap ! $49.19M |
Open | High | Low | Value | Volume |
1.3¢ | 1.4¢ | 1.2¢ | $176.4K | 13.57M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 5353143 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 493343 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 5353143 | 0.012 |
11 | 7743493 | 0.011 |
25 | 15671132 | 0.010 |
12 | 4961222 | 0.009 |
6 | 4666250 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 493343 | 1 |
0.014 | 6345496 | 9 |
0.015 | 9244100 | 7 |
0.016 | 4428334 | 4 |
0.017 | 5088882 | 2 |
Last trade - 15.45pm 13/09/2024 (20 minute delay) ? |
Featured News
OSL (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online