Your right, someone really likes them. IMO It's probably someone involved with the company or the company which they wish to invest in. The stock has been volatile ever since the announcement of their investment. In some cases stock was being bought 1c above the next bid - that to me is clearly someone buying the stock to move it higher, probably for the sole reason because they know the company is going to need to raise cash to invest in this magical musical company in the next 12 months.
Smells very very bad.
Ann: Mobilarm enters into investment in Jaxsta Enterprises-MBO.AX, page-23
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Last
10.0¢ |
Change
0.001(1.01%) |
Mkt cap ! $99.54M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.0¢ | 9.9¢ | $8.969K | 90.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9245 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 34000 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| VNL (ASX) Chart |