Trading volumes are quite limited and can easily be manipulated by selling a relatively small quantity of shares. Not long ago, the company went on a share buy back. This irrational decision is followed not long after with the shocking $0.20 capital raising.
Highly controversial as the amount raised should have been financed from debts instead of diluting minority shareholders.
The company had received so many strikes and the snout-in-the-trough behavior has not learn anything - see this post:
AVJENNINGS LIMITED (ASX:AVJ) - Ann: AGM 2023 - Results of Meeting, 71075590, page-2 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Trading volumes are quite limited and can easily be manipulated...
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Last
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $187.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9523 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 10.05am 17/05/2024 (20 minute delay) ? |
| AVJ (ASX) Chart |
Day chart unavailable