Thing is, a lot of people were saying how they sold yesterday... yet the price still went up a significant amount... meaning, a lot more were buying than selling.
Agree that a CR is on the cards, however I feel that it is likely to be a placement to Sophisticated Investors (aka Drake) which will further increase their holdings at a discounted price.
I still feel that at the 2c levels and the Major Shareholder, this stock has as much value as an explorer as it does as a Shell.
I will personally be selling high and buying low, and otherwise following Drake on this.
Thing is, a lot of people were saying how they sold yesterday......
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Last
1.2¢ |
Change
0.003(33.3%) |
Mkt cap ! $10.66M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.2¢ | 1.0¢ | $116.0K | 11.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1814905 | 4 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BCM (ASX) Chart |