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
22.8¢ |
Change
-0.003(1.09%) |
Mkt cap ! $65.74M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.5¢ | 22.5¢ | $56.17K | 246.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 57369 | 2 |
View Market Depth
| Last trade - 15.49pm 01/07/2024 (20 minute delay) ? |
| BMT (ASX) Chart |