My initial thoughts were also a potential strategic move to freeze the share price at a high level and remain suspended until quotation of new shares after April 9th potentially giving rights holders a better exit price. Not many rights were traded so mostly existing holders, Advance Opportunities, Alto Capital as nominee plus whoever got caught out yesterday. Hopefully there's a pump round 2 for anyone stuck but it will be more difficult with 10x shares on issue.
Ann: Suspension from Quotation, page-43
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Last
7.2¢ |
Change
-0.005(6.49%) |
Mkt cap ! $7.845M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 9.8¢ | 6.8¢ | $1.559M | 19.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36546 | 7.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 83000 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
7.1¢ |
Change
-0.005 ( 6.46 %) |
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| Open | High | Low | Volume | ||
| 8.1¢ | 9.8¢ | 6.8¢ | 5273787 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| OSX (ASX) Chart |