I think announcing something price-sensitive and positive soon after a CR is unlikely. If they do, will likely be scrutinised by ASIC. I think this will be a big no-no IMHO.
I cannot disagree that this CR (for whatever the reason) has dampened the SP appreciation at least in the short term - SP matters to all holders and if someone says LT holders don't care about the daily price dropping, I think they are not being truthful!
I am here for the LT and will pick up more if it drops further. 708 investors who were lucky to buy shares at 20c cannot argue if the price drops to 20c and allows us, LT holders who were not given shares at 20c, to buy more.
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Mkt cap ! $16.89M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 823984 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 200000 | 2 |
View Market Depth
No. | Vol. | Price($) |
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4 | 823984 | 0.015 |
11 | 1403283 | 0.014 |
4 | 2762307 | 0.013 |
1 | 50000 | 0.010 |
1 | 166666 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 200000 | 2 |
0.017 | 700000 | 3 |
0.018 | 348101 | 3 |
0.019 | 960000 | 5 |
0.020 | 787449 | 5 |
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