The bulk of the 'sophisticated investors' the announcement mentions are a company called City Equities. The modus operandi of CE are to take placings at discount, then sell the equities on to their clients at a profit. What usually happens is the buy side on the main market gets suppressed for several months while the overhang clears, as everyone knows what is going on. I don't expect this to affect the Oz market for the stock.
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $5.686M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $6.668K | 812.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1449454 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| THR (ASX) Chart |