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I think we’re getting to the pointy end of the stick.
The TMT converted shareholder now need to have acquired at less than 18.2c a share to still be in profit.
There’s still scads of shares out there that were free issue or less than 5c though.
To me there doesn’t seem to be any other rationales to this price collapse than major problems, a malicious attack or a strategic price sabotage so as to bring more large-position shareholders on board.
As far as the potential for major problems goes that could only come from TMT side as AVL has already put out a Wood inspected BFS.
And I think major problems are unlikely there as RCF put Jacqui Murray in as a director for more than a year after it cornerstone-funded TMT .
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[ATTACH] I think we’re getting to the pointy end of the stick....
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1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $129.1M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.4¢ | $105.8K | 7.334M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 2698027 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 8089207 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 2159456 | 0.014 |
29 | 5987699 | 0.013 |
23 | 5665050 | 0.012 |
15 | 4505822 | 0.011 |
25 | 7453783 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 3318813 | 19 |
0.016 | 12225815 | 22 |
0.017 | 4980656 | 23 |
0.018 | 3220977 | 15 |
0.019 | 4167601 | 12 |
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