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
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.95M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $11.70K | 752.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 467896 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 486242 | 3 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
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Last
1.6¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.6¢ | 1.6¢ | 1.5¢ | 841865 | ||
| Last updated 15.37pm 20/05/2024 ? | |||||
| MGU (ASX) Chart |