So many CR's are done with brokers/sophs in mind. They help drive price when you need it and they will sell into news and get their quick returns.
DEG one of the best. 20c+ back to 5c. Shareholders just could not believe why it had drifted to 5c. Deal gets done at 5c - amazing run of news and it rockets to $1+.
Only a rort if you're not involved. So many CR's are done without a smidgeon of care for a retail investor. You're essentially along for the ride. You stick firm or jump.
Ann: Trading Halt, page-23
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.284M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $21.29K | 2.141M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1236251 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 609490 | 2 |
View Market Depth
| Last trade - 16.10pm 27/12/2024 (20 minute delay) ? |
| MGU (ASX) Chart |
