Hi Rhama, i won't go into too much detail on my personal thoughts, it wouldn't be appropriate but, suffice to say, the recent sp action now makese sense. There'll be some mighty cheesed off option holders out there atm and rightly so. We are now destined to be range bound for the foreseeable future, any positive news will be sold into and there's going to be one hell of an overhang to churn through. Considering current cash, upcoming options (of which we were starting to see a few conversions trickle through) managements commentary re. cap raising and who this placement has gone to, it's strike one from me atm. IMO.
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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6 | 2628074 | 0.008 |
10 | 3141239 | 0.007 |
7 | 3465008 | 0.006 |
4 | 5220000 | 0.005 |
4 | 3149080 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 179366 | 2 |
0.010 | 2641547 | 8 |
0.011 | 510000 | 2 |
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