What is the purpose of the cap? If it is a cap it suggests price manipulation - if it is a genuine sell who the hell is that stupid to put 15 million shares up for sale as I would have thought drip feeding would be a better strategy.
If that cap gets pulled were the price to get there the ASX has a lot of explaining to do. It believes in free markets but allows this type of nonsense to go unabated without any questions. If shares go up quickly - ASX quick on the please explain but doesn't do the same when shares go down and/or there is an obvious cap that is pure price manipulation.
Interesting times but I suggest if it is a cap someone believes there is value in what ENV has. If that is the case it is a matter of when to enter ENV than anything else - onto my watchlist now.
All IMO
What is the purpose of the cap? If it is a cap it suggests price...
Add ENV (ASX) to my watchlist
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Mkt cap ! $14.36M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $16.36K | 1.091M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 365481 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1260150 | 5 |
View Market Depth
| Last trade - 15.32pm 14/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.5¢ | 1.5¢ | 1.5¢ | 270000 | ||
| Last updated 15.51pm 14/06/2024 ? | |||||
| ENV (ASX) Chart |