Ann: Placement Secures $3m to Advance Company Projects, page-9

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26/06/23

23:08

Post #: 68481129
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Originally posted by WilliamColgate: ↑

All you’ve done is prove my point, the stock is likely to go lower.

Evolution have a well earned reputation and you’re either naive or deliberately avoiding the hazards of raising capital with this group. ZEO barely held 5c today, and there was no volume relative to the stock that is yet to be issued.

Have a look at the poor attempt to improve the price on extremely low volume. ZEO traded at 4.8c and then a very, very, small quantity of shares is immediately bought at 5.2c in a poor attempt to fix the price. Only a novice would be fooled by this behaviour and it tells you there is no genuine buying support.

ZEO will trade lower IMO, and you even agreed in your post. Frankly, I think it’s likely to trade at 4.6c prior to the placement stock being issued, and then we will really see how sticky the participants are from Evolution. And if history is a guide then it won’t be pretty.

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Man I hope so....I'll watch them panic and take all their stock down at 2-3c.
Let's hope you're right and the fools give me a gift.

ZEO Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.1¢		Change 0.000(0.00%)		Mkt cap ! $151.8M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	100000	8.0¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	250000	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.080
1	252113	0.077
2	120000	0.075
2	23204	0.073
1	50000	0.071

Price($)	Vol.	No.
0.080	250000	1
0.081	5681	1
0.082	300000	1
0.084	23797	1
0.085	32941	1

Last trade - 09.23am 24/06/2025 (20 minute delay)

ZEO (ASX) Chart

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Ann: Placement Secures $3m to Advance Company Projects, page-9

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Buyers (Bids)

Sellers (Offers)