Warning - personal conspiracy theory (take it with a pinch of salt)
- Shorting was used to bring the share price down to an attractive level for a raise - job well done.
- The share price is now attractive for a raise - smart money moves in.
- Shorts get bought back, elevating the share price in the process - smart money sells into this share price increase and makes very attractive returns.
- News enters and then fuels further price action as the short selling pressure is release.
Only a theory.
Once the dust settles, I am most certainly looking forward to seeing the company progress to new heights - mining is around the corner!
Best to focus on where we are going.
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $49.76M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.5¢ | $797.4K | 49.05M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2397883 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2031381 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2397883 | 0.016 |
21 | 9428944 | 0.015 |
7 | 1642049 | 0.014 |
5 | 2448080 | 0.013 |
4 | 1541667 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2031381 | 4 |
0.018 | 3422694 | 13 |
0.019 | 3659762 | 9 |
0.020 | 1439444 | 12 |
0.021 | 1280000 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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