If the company had any ethics they would have released the trading halt when they announced the granting of the mining licence . But no, they release the ML good news ( market sensitive) whilst they know they are out there with a capital raise . 24!hours later they go into a trading halt . They were already out there offering the raise at a significant discount to the SP why did they feel it appropriate to allow some honest people to buy shares on the ML news that day. During the day the share price was up 10% then has a 15% negative turnaround in the afternoon . I guess it would have been even more embarrassing if the SP had closed at 74 c when the are out in the market for a 50c CR. I didn't buy that day but clearly a lot of people did who should be very upset. I believe the sellers that afternoon should be scrutinised by the company if not by them then ASIC. Were all the sellers that afternoon just lucky! Unfortunately this is all too common a behaviour on the ASX.
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18.5¢ |
Change
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Mkt cap ! $49.19M |
Open | High | Low | Value | Volume |
17.5¢ | 18.5¢ | 17.5¢ | $39.73K | 221.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6861 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 49783 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6861 | 0.180 |
9 | 844912 | 0.175 |
6 | 841667 | 0.170 |
2 | 1015000 | 0.165 |
1 | 2000 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 49783 | 1 |
0.190 | 696 | 1 |
0.200 | 54779 | 3 |
0.210 | 1100 | 1 |
0.215 | 10000 | 1 |
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