It appears that brokers have full control of the share price, retail investors can only watch what happens.
Before the next round of news I suspect selling could push the share price down to about 5.5 cents, with additional pressure on the share price if Long State take up shares under the 15 million equity arrangement while the share price is trading well above 5.5 cents.
ASN Chart, page-1488
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 (20min delay)
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $200.0M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 17.0¢ | 15.0¢ | $843.3K | 5.360M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 204087 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 32608 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ASN (ASX) Chart |