New holder here. It's certainly tough to accumulate.
If a fund wanted to accumulate 5% for a substantial holding, they'd need about 5,000,000 shares (other than dilution if options were converted at $0.30).
Compare that to 190,000 units currently for sale between 0.28 and 0.35. I guess a fund would have a hard time accumulating unless there was a raising or something, but hopefully there's no more of those.
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $16.13M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $440 | 4.179K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 80523 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 45454 | 1 |
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| Last trade - 14.21pm 01/08/2025 (20 minute delay) ? |
| RCL (ASX) Chart |