Bit of escrow would have been useful to calm those like myself who are afraid that rich people are ruthless people and will sell for fat short term profit on the next good news.
I hope these people have more vision than that. We have some rich listers backing a good story and so far we were in first !
Buying on market is not realistic. To do so would mean they would be paying a dollar per share for the last million shares. And importantly the company gets the 3.5 million not those that sold.
The good thing is all the others seeing this that will be curious and interested in where these people are putting there money. Chris Ellison especially. A big wheel in resources in WA. Think alot more interest is coming in next few months.
Ann: Strategic Placement to Raise $3.5 million, page-44
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Last
61.5¢ |
Change
0.005(0.82%) |
Mkt cap ! $145.8M | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 62.0¢ | 61.0¢ | $169.3K | 277.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 63264 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 5854 | 1 |
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| Last trade - 12.36pm 04/11/2024 (20 minute delay) ? |
| OCC (ASX) Chart |