Im not sure if there is any conspiracy theory. I think we just need to be aware that around 1 billion shares were issued to existing holders at around 1c or whatever it was. To me that means that at current levels anyone who originally bought in at 8-9c or less can now get out and break even or maybe profit if they took their rights issue? Some have been underwater for a long time. I think when i first got involved they were around 8c with multiple potential partners etc etc. To be honest the selling actually seems quite tame at the moment considering last 6-7 years. A good sign that a majority of existing holders with the chance to get out are still holding on.
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $559.9M |
Open | High | Low | Value | Volume |
12.3¢ | 12.3¢ | 12.0¢ | $147 | 1.228K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 779213 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 196930 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 779213 | 0.120 |
17 | 811108 | 0.115 |
14 | 634039 | 0.110 |
12 | 632193 | 0.105 |
16 | 1217061 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 196930 | 7 |
0.130 | 434927 | 5 |
0.135 | 221938 | 4 |
0.140 | 756230 | 8 |
0.145 | 263572 | 8 |
Last trade - 10.41am 06/09/2024 (20 minute delay) ? |
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PYC (ASX) Chart |