Lets assume they bought 5M shares last friday at 3.1c or 3.0c and they sell at 3.3c, that's a profit of 10K-15K but they had to throw $155K at the trade. It may be legit. With that kind of money riding for a 6%, it's just a bit too risky IMO to hold out for a bigger profit only to see it slide back into the negative. The bird-in-the-hand approach is much more important to observe when risking that kind of money IMO
Lets assume they bought 5M shares last friday at 3.1c or 3.0c...
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 (20min delay)
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Last
9.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $91.26M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 112862 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 162911 | 2 |
View Market Depth
| Last trade - 16.20pm 27/06/2025 (20 minute delay) ? |
| TMG (ASX) Chart |
Day chart unavailable