The significance of this is that they were bought at .1 cents and are coming out of escrow on the 29th, afterwhich they can be sold on market. I assume that is why the price has fallen back to .2c and there are so many orders ( more than 204 million now on the buy side) waiting to buy at .2 cents hoping the .1c holders will take a profit at that price.
There would need to be some really good news for the SP to go anywhere till all those extra shares are sorted out.
The significance of this is that they were bought at .1 cents...
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $18.59M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $883 | 358.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 87495624 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 59379773 | 59 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MTL (ASX) Chart |