I think they just want to get out. Now they will get 7 k but after the consolidation they will have only 280000 shares at a value of 280$ if the share price stays at .001. That is what is happening. Some investors have had enough and are not in for the long run.
Ann: September 2016 Quarterly Report-TEG.AX, page-22
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Last
2.0¢ |
Change
0.001(2.56%) |
Mkt cap ! $36.26M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.9¢ | $110.1K | 5.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1563970 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1985670 | 7 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| TEG (ASX) Chart |