Billionaires dont have loose change. They are tight as fk and hate paying tax. As rabbit says it was a hedge. I doubt he set out to crush the sp. It was a wait and see. Once apparent the market gave 2 fs about RWL water then out come the sell algos and the tax loss hedge begins. Simple really. Very common for alot of high rollers merging a loss making private business to public.
Anything can happen from here. Whats alarming is the quiet shift away from MABR. Is it a dud? Is it a shift away or just not selling? Bugger all sales in countries with higher standards is a concern. Profit is king. Flip a coin now.
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Last
9.8¢ |
Change
-0.001(1.01%) |
Mkt cap ! $105.9M |
Open | High | Low | Value | Volume |
9.8¢ | 10.0¢ | 9.7¢ | $13.49K | 137.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12585 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 124214 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12585 | 0.098 |
2 | 209475 | 0.097 |
1 | 105263 | 0.095 |
1 | 50000 | 0.094 |
1 | 5799 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 124214 | 2 |
0.115 | 150000 | 3 |
0.120 | 272053 | 4 |
0.125 | 50000 | 1 |
0.130 | 90364 | 4 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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