Come 26th of November the share price will be diluted with the 170 billion shares, so it is a valid question as to why there are still buyers in the market knowing that in a few weeks time the price will be dragged down to .10c
Then a week later on the 2nd of December another 200 million shares from the SPP will cement the .10c price further.
Why would a buyer buy now knowing of the loss they will incur when the price will dilute to 10c. Wait until at least the 26th?
What do the buyers know that we do not?
Come 26th of November the share price will be diluted with the...
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Last
7.0¢ |
Change
0.001(1.45%) |
Mkt cap ! $171.8M | |||
| Open | High | Low | Value | Volume |
| 6.8¢ | 7.0¢ | 6.7¢ | $110.8K | 1.631M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12010 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 417050 | 10 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
6.8¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 6.8¢ | 6.9¢ | 6.8¢ | 134476 | ||
| Last updated 15.56pm 26/04/2024 ? | |||||
| RFG (ASX) Chart |