Looks like you were right.
Yesterday a trade of 1 share took the price from 2.29 to 2.35.
I've noticed lots of low volume trades like this prior to close over the past month or so.
Unfortunately there is some price manipulation happening here and there is now very little chance of this turning into a unit trust. (I don't mind as am looking to hold longer term)
My best guess is this will also result in a widening of the discount again in '25.
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- Ann: Update on the Conditional Proposal
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spheria emerging companies limited
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$2.49

Ann: Update on the Conditional Proposal, page-4
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Last
$2.49 |
Change
-0.145(5.50%) |
Mkt cap ! $156.7M |
Open | High | Low | Value | Volume |
$2.63 | $2.63 | $2.49 | $291.0K | 111.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9468 | $2.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.60 | 13259 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9468 | 2.480 |
1 | 5000 | 2.470 |
2 | 12001 | 2.460 |
5 | 17423 | 2.450 |
3 | 22096 | 2.440 |
Price($) | Vol. | No. |
---|---|---|
2.600 | 13259 | 2 |
2.630 | 14882 | 2 |
2.650 | 1500 | 1 |
2.660 | 1703 | 2 |
2.680 | 1903 | 1 |
Last trade - 15.54pm 01/08/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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