This is a question so please be gentle
If a substantial shareholder needs 5% .... say 96m shares and David says any substantial shareholder needs to buy on market and the shares are held so tightly by existing shareholders then how do they do accumulate 5% for a reasonable price?? Say sub 50c ?
I am of the personal belief the value of the approval is not reflected in the current current price.
cheers
MP
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Last
8.7¢ |
Change
0.005(6.10%) |
Mkt cap ! $223.6M |
Open | High | Low | Value | Volume |
8.4¢ | 8.9¢ | 8.4¢ | $448.6K | 5.187M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 175506 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 139580 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 175506 | 0.086 |
11 | 191359 | 0.085 |
2 | 39236 | 0.084 |
4 | 165500 | 0.083 |
3 | 74444 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 139580 | 6 |
0.089 | 253924 | 5 |
0.090 | 147471 | 7 |
0.091 | 310867 | 5 |
0.092 | 33000 | 1 |
Last trade - 14.41pm 16/08/2024 (20 minute delay) ? |
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