I wonder whether Management's participation on mass in the CR occurred only after they got a feel for the retail participation after closely observing the responses coming through.
It is hard to see what the catalyst will be this time around that will push the price back above 30 cents after this recent CR. They have certainly hooked some new major/cornerstone investors but retail confidence in management and this company is hovering at an all time low.
Company really needs to give retail investors a good reason why they should continue to hold - renew the confidence
I wonder whether Management's participation on mass in the CR...
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Last
22.0¢ |
Change
0.005(2.33%) |
Mkt cap ! $580.8M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.3¢ | 21.5¢ | $435.0K | 1.987M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1184650 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 420000 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |