Agree 100%. My read is that there's been a couple of relatively chunky issues of shares to a couple of people/businesses in lieu of payment (pretty common practice) and quite often the recipients aren't equity players or risk takers so look to monetise them asap. Doing that while there is a general small cap liquidity rout going on can wreak havoc on the price. This company is a very good long term prospect and buying round here seems pretty darn good value.
Ann: Q1 FY24 Trading Update, page-4
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Last
21.5¢ |
Change
-0.013(5.49%) |
Mkt cap ! $62.13M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $35.10K | 162.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 129003 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.48pm 03/07/2024 (20 minute delay) ? |
| BMT (ASX) Chart |