They don't have their shares for a week and you can't just sell 60 million shares and then buy back 10% cheaper
Selling 60 million shares at market would drop the SP to 0.001c, they would lose ~1 million dollars and still have 50 million shares worth nothing.
Why would they invest $12,000,000 and then flip it the next week for a total loss of over 90%? (or -$10,800,000)
- Forums
- ASX - By Stock
- Ann: Successful $12 Million Placement to Accelerate Exploration
They don't have their shares for a week and you can't just sell...
-
- There are more pages in this discussion • 131 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAN (ASX) to my watchlist
|
|||||
Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.26M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.8¢ | $480 | 17.14K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 185895 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 185895 | 0.028 |
6 | 661962 | 0.027 |
5 | 446975 | 0.026 |
7 | 1946999 | 0.025 |
5 | 1330350 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 100000 | 1 |
0.031 | 383678 | 4 |
0.032 | 267898 | 2 |
0.033 | 450000 | 2 |
0.034 | 167000 | 2 |
Last trade - 15.03pm 08/08/2024 (20 minute delay) ? |
Featured News
MAN (ASX) Chart |