The cross was probably worth $1.1-1.2mill and probably crystalised a loss of of $3-4mill to ERM.
Did ERM fear the no vote might get up?
Someone or some entity clearly felt $1.1-1.2mill for 5% was good value.
For now it feels a strange development imo.
Dex
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $4.581M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.25K | 500K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 18506810 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10711228 | 11 |
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| Last trade - 14.30pm 01/07/2025 (20 minute delay) ? |
| MEL (ASX) Chart |