@708trader nailed it on the head. There were a couple of previous management who were no longer escrowed that have sold down and destroyed the share price. However their holdings have diminished and have not sold more recently so not sure if it related to EOFY matters. Regardless in some ways it was good they sold out as it created liquidity at a low price. I have tripled my holdings since seed, a majority sub 9c.
I am extremely confident that none of the shares coming out of escrow will hit the market anytime soon.
Broker Report 2023, page-6
Add BIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
72.5¢ |
Change
0.025(3.57%) |
Mkt cap ! $158.8M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 75.0¢ | 68.5¢ | $803.6K | 1.121M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 95999 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.0¢ | 1958 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| BIO (ASX) Chart |