It looks to me like Goldman Sachs, Morgan Stanley and probably Macquarie were short selling the stock for US based clients who knew they were picking up stock in the placement.
This seems to happen in all the stocks I have been involved in that have raised funds through New York and had Eddie Sugar involved.
I noticed from Monday onwards none of these brokers were active in the stock. It stopped on Friday.
We should get a good bounce now.
It looks to me like Goldman Sachs, Morgan Stanley and probably...
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Last
12.5¢ |
Change
0.010(8.70%) |
Mkt cap ! $135.1M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.5¢ | $3.954K | 33.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22222 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 55362 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| FLC (ASX) Chart |