That's not quite what I meant
We had peak selling in march 2020 & march 2023
The problem is there are not enough buyers to absorb all the new shares being released
In fact, if they hadn't released so many shares, this'll be sitting at 0.03 by now
Also, since the April market correction, sellers have actually been trying to cover their positions rather than keep selling
I know the share price doesn't look like it, but technically it's better now than it was 6 months ago
FY25, page-44
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.73M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.761K | 880.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 241181941 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 9808241 | 9 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LNU (ASX) Chart |