bought some more today at 7.9c. My opinion is they are trying to dress up the company to offload in a sale or merger in the next year. Easy money for the insto's hence why the overwhelming demand. I imagine some that missed out are playing games this week to try and sweep some up at this price. The performance issue shares gives our MD a rocket to maximise the sale value. I imagine the Maloney's are looking to cash out as well and Mark Cuban said it best, he'd rather have 25% of a watermelon than 100% of a grape!
Ann: Successful A$100M Equity Raising, page-18
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Last
10.0¢ |
Change
0.001(1.01%) |
Mkt cap ! $645.4M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.3¢ | 9.8¢ | $2.657M | 26.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 629172 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 188308 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PNR (ASX) Chart |