actually it followed the brokers cap raising handbook like clockwork
big dump from 33c to 25.5c two weeks ago from brokers in the know to sell everything they had above 25c so they would have the money for the cap raising, followed by a little push up to 30c because they already probably knew the raising would be at 25/26c. Directors almost powerless to stop these broker shenanigans these days.
the whole structure of the ASX is to rob retail of value so cant blame directors too much
actually it followed the brokers cap raising handbook like...
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Last
28.5¢ |
Change
0.020(7.55%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 28.5¢ | 26.5¢ | $18.26K | 65.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 24006 | 2 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
28.0¢ |
Change
0.020 ( 7.69 %) |
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| Open | High | Low | Volume | ||
| 27.5¢ | 28.0¢ | 27.5¢ | 24592 | ||
| Last updated 15.17pm 29/05/2024 ? | |||||
| MMA (ASX) Chart |