I agree. Until Lauder is satisfied with his fill, selling pressure (from related party cronies IMO - cough cough capital Group) that will enable Ron to provide "further support" and raise at lower prices can possibly continue.
Although hopefully IC closure takes away potential excuses for this to occur further.
FYI - attached Capital Groups Small Cap World Fund Annual Report for the period ending 30 Sep 2019. Shows their dumping of 29m shares. Realisation of $6.5m in losses yet Net Unrealised Appreciation of 5.5m... smells like faffing about with IRS rules. IMO.
Ann: Fluence Achieves Financial Close for Ivory Coast Project, page-80
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Mkt cap ! $134.5M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.0¢ | $104.7K | 811.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 270555 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 5440 | 1 |
View Market Depth
| Last trade - 15.50pm 27/05/2024 (20 minute delay) ? |
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12.5¢ |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.0¢ | 12.0¢ | 109076 | ||
| Last updated 15.57pm 27/05/2024 ? | |||||
| FLC (ASX) Chart |