Professional and sophisticated investors ... placement to raiseA$1,049,010 ... shares at A$0.034 per share ... 1.7% discount to the Company’s 15-trading day VWAP ofA$0.0346.
But a major premium to the ca. <$0.02 share price of the preceding 6 months.
Before the highly questionable jump of over 100% . . .
. . . in the last 15 trading days.
Been about $25k of quick profit-taking this morning, pushing the sp down to ca. that CR price, so the rest of the "professional and sophisticated investors" (about $1,024,010 worth) have effectively bought on-market. At a "curiously" high, short-term, market price.
This must be some new definition of "sophisticated" with which I am unfamiliar...
Am I missing something?
Don't get me wrong - I hold some (still in the red) and think they've got some promising projects, but . . .
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Last
1.9¢ |
Change
-0.002(9.52%) |
Mkt cap ! $4.91M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.9¢ | $80 | 4.208K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 848867 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 440315 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 848867 | 0.019 |
2 | 720555 | 0.018 |
5 | 371737 | 0.017 |
2 | 259750 | 0.016 |
2 | 692230 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 440315 | 3 |
0.022 | 45455 | 1 |
0.023 | 63612 | 2 |
0.025 | 450000 | 4 |
0.027 | 13362 | 1 |
Last trade - 11.38am 28/06/2024 (20 minute delay) ? |
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