Sure, each to their own.
1.6m shares released from escrow today. 140m shares on issue, so basically 1% of the registry. Pretty negligible IMO. Do you reckon it's worth the effort to ramp up the price to sell out 1%? Wanna see a live case study of ramping up prices so the founders can sell out, look at KGN.
PLY raised $28m at $0.75, of which $25m went to insto. Sure the other $3m retail punters could make a quick profit from trading the stock, I doubt the instos would pour money in to make 10-20%.
Sure, each to their own. 1.6m shares released from escrow today....
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Last
79.5¢ |
Change
-0.010(1.24%) |
Mkt cap ! $324.3M | |||
| Open | High | Low | Value | Volume |
| 79.0¢ | 80.3¢ | 77.5¢ | $316.4K | 401.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2586 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 2586 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PLY (ASX) Chart |