Mattinsydney, most likely explanation for no response in SP is the cheap 1.8c shares that where issued, appears as if they went into so called weak hands. Turning over shares for a reasonable profit and moving on to the next stock.
In a way, best to get these shares out of the way before any possible "eureka" announcement
To be honest, I was very disappointed at the issue price recently, SP had been sitting at around 2.5c and with all the positive news flow, to issue shares at 1.8c seemed a very strange move from management, didn't really instill confidence to the market,IMHO
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Mattinsydney, most likely explanation for no response in SP is...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $72.81M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $3.212K | 315.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 335349 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 919168 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 335349 | 0.010 |
4 | 1300479 | 0.009 |
3 | 1375000 | 0.008 |
3 | 1028570 | 0.007 |
3 | 1800160 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 919168 | 4 |
0.012 | 1368507 | 4 |
0.013 | 1076920 | 2 |
0.014 | 71425 | 1 |
0.015 | 762500 | 2 |
Last trade - 13.30pm 29/07/2025 (20 minute delay) ? |
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