Nimbus, there has only been around 35 million shares traded (via Commsec) + lets assume another 1/3rd of that on Chi-X = 12m (i dont have the data from yesterday's trading) i,e. total of 47 million shares since we cam out of suspension. That equates to around 6.5% of SOI so I hardly think you can say that every "intelligent" investor has run for the exit because the writing is on the wall.
I am not pleased with the situation but please have some perspective here.
Nimbus, there has only been around 35 million shares traded (via...
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $31.56M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $82.70K | 6.362M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 5074193 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 4291896 | 5 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CLA (ASX) Chart |