Why would he hock his shares at 33c, when it closed at almost 45c yesterday?
It was trading above 50c only a couple months ago and reached 60c+ on some big volume.
All of the announcements from the last few quarters suggest international expansion is set to generate 'significant revenue'.
This announcement quotes new and existing institutional investors.
I would have taken up some if offered at 33c.
Time will tell if the share price drops to this level.
But it's a really odd time to sell such a big chunk of his holding and at the price he did, knowing the next 3 months of news.
Perhaps there's some dissent in the hierarchy?
Josh started the concept, but obviously when you list and become a public company, control and direction is relinquished. There's been a number of new appointments and I believe the Company Secretary is also set to retire soon.
Methinks a call to HQ is in order.
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Last
8.4¢ |
Change
0.004(5.00%) |
Mkt cap ! $52.48M |
Open | High | Low | Value | Volume |
8.0¢ | 8.4¢ | 7.8¢ | $38.67K | 482.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 121019 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 73921 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 121019 | 0.081 |
3 | 51771 | 0.078 |
1 | 120000 | 0.077 |
4 | 272644 | 0.076 |
2 | 59833 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 73921 | 1 |
0.088 | 1944 | 1 |
0.090 | 40000 | 1 |
0.091 | 100000 | 1 |
0.095 | 10588 | 1 |
Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
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