Typically, it happens after approvals before drilling, incase first hole doesn't meet expectations, however I have seen investment firms throwing money at small stocks while sp is low , in other words making them an offer they can't refuse, it's just part of the risk you take on when investing in penny shares.
Bored to Death, page-37
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $9.724M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $515 | 103.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 8225816 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 8171133 | 12 |
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| BNL (ASX) Chart |