As others mentioned, keeping the price high for the raise was...

  1. 2,543 Posts.
    lightbulb Created with Sketch. 1742
    https://hotcopper.com.au/data/attachments/5752/5752007-788ee9fe61ac855992721cac556a4e3c.jpg


    As others mentioned, keeping the price high for the raise was the reason for the raft of positive and misleading (given one was retracted) announcements.

    I sold at $0.255c

    I could buy the same amount of shares that I had with 25% less money.

    400,000 shares X $0.19c = $76,000.

    I lost $95k when I sold, so I would need the share price to go back to $0.4275 to get my money back.

    But if I was to put the full $102k that I got when I sold (no chance whilst CR is at the helm), I would be able to buy 537,000 shares, I would need the share price to go back to $0.37c.

    Congrats to the shorters, you played it like a piano.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
7.2¢
Change
-0.001(1.37%)
Mkt cap ! $55.39M
Open High Low Value Volume
7.3¢ 7.3¢ 7.0¢ $103.0K 1.434M

Buyers (Bids)

No. Vol. Price($)
2 146786 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 3363 1
View Market Depth
Last trade - 15.59pm 27/06/2025 (20 minute delay) ?
NMT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.