I agree with SP, must longs are deep in the red and they have used recent capital raising/underwriting/shortfall placement to average down, these shareholders are still longs. Having said that i suspect that up to 50m shares will find there way onto the market for one reason or another, so about another 30m to go.
IP purchase ann next week????(I live in hope) should soak up the 30m shares if this week is any indication.
I agree with SP, must longs are deep in the red and they have...
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Last
0.3¢ |
Change
-0.001(28.6%) |
Mkt cap ! $7.929M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $43.54K | 14.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 17485353 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 6605665 | 5 |
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| Last trade - 15.59pm 25/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |