I don't think so
I think the brokers are just trying to exit at break even or for the slightest profit, it is pathetic
The placement was definitely "free money", as they immediately commenced selling even before receiving the stock and it appears are now front running each other to ensure they get out at 50c and above
What a disgrace
The stock has done nothing but nose dive since both Walmart and Safeway. Doesn't matter what the news or how good, whilst there is 20M shares to loose "insto" hands at a 17% discount, they are too much of an overhang
What sort of news does YOW now need to get back to 70c ? YOW has to rally some 40% just to get back to 70c. As if Walmart and Safeway weren't enough
Buy YOW, page-98
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.734M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 85778 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1309 | 1 |
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| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| YOW (ASX) Chart |
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