Can anyone explain why someone or an entity would sell 9m shares...

  1. 6,274 Posts.
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    Can anyone explain why someone or an entity would sell 9m shares at 4.7c if there is big expectations about the potential of company?

    I agree something is about to happen but I really can't give a meaning to this transaction.
 
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(20min delay)
Last
11.5¢
Change
0.000(0.00%)
Mkt cap ! $14.49M
Open High Low Value Volume
11.5¢ 11.5¢ 11.5¢ $24 210

Buyers (Bids)

No. Vol. Price($)
6 374341 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 14164 1
View Market Depth
Last trade - 11.08am 02/07/2025 (20 minute delay) ?
AKA (ASX) Chart
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