In response to your post Pick, the brokers who have likely been shorting will gladly snap up all issued shares at this discount to close out their positions. Once they have done so and have no further incentive to suppress the share price, I’m sure they will be happy to go long and let it run up again. On the upside it resolves any short term liquidity issues and buys the company more time to sort out their helium delivery issues with very little dilution. If I read the announcement correctly then 155M shares on issue is quite low considering where it’s at in its development
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Last
$1.09 |
Change
0.010(0.93%) |
Mkt cap ! $33.05M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.09 | $1.08 | $7.46K | 6.889K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5666 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 24586 | 3 |
View Market Depth
| Last trade - 10.47am 16/06/2025 (20 minute delay) ? |
| RLT (ASX) Chart |