Just because another stock is coping well with many shares on issue, doesn’t mean they all will. 9/10 too many shares on issue holds a share price down and opens it to wild manipulation which is what’s happening here.
Management should consolidate and then commence a new buy back. It would shut out the manipulation and pip traders and make the registry more healthy
Ann: Quarterly Activities and Cashflow Report - December 2023, page-34
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $62.67K | 4.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 16812807 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 22002260 | 13 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BRK (ASX) Chart |