To add to my earlier point:
since the last cap raise only about $1.5M worth of shares have transacted. Most obviously selling but some buyers as well.
due to those small holdings changing hands the value of the company has dropped by half or about $40M.
I wouldn't base my whole investment thesis on the opinions of what is probably less than 1% of holders deciding to sell when in all probability the seller is buying their own holdings back as we have seen so often on asx small caps.
if directors were selling or big holders then that is a different story
To add to my earlier point:since the last cap raise only about...
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Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $25.31M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.5¢ | 3.3¢ | $102.2K | 3.016M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1106800 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 968532 | 5 |
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| Last trade - 15.59pm 23/06/2025 (20 minute delay) ? |
| AW1 (ASX) Chart |