It's notable that prior to the March capital raising, it would not have been possible. By lifting ownership out of retail hands and delivering it to a smaller pool of large investors, the company delivered the kind of concentration required to push the price around like it has been. At the time several posters were preaching about how wonderful it was that the company was now in the hands of "strong" institutional investors because that would lend stability and strength to the share price.
So how ironic that the result has been that a single investor now has enough shares to dump them on the market (whether exiting or shorting) and trigger an avalanche. So much for that particular story.
Droneshield Chads!, page-114
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Last
$1.32 |
Change
0.010(0.76%) |
Mkt cap ! $1.151B | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.33 | $1.28 | $14.65M | 11.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7782 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 123367 | 7 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| DRO (ASX) Chart |