SIX 4.00% 2.6¢ sprintex limited

I'm not gonna lie I have been ignoring this one for a while...

  1. 190 Posts.
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    I'm not gonna lie I have been ignoring this one for a while mainly out of disgust, watching your money evaporate isn't easy. Looking at my portfolio in general the last fortnight has been pretty depressing so I have stayed away from Westpac and stayed away from Hotcopper...mostly.
    I was pretty stoked when I came inside this arvo and checked out what happened, Sprintex up? Say what, double check that, yep.
    4283695 shares traded! (!!!!!) What is going on?! Biggest volume in 12 months. Might even be longer. Might be the biggest since reslisting for all I know. Westpacs platform only displays 12 months trading history.

    Table below shows 1m+ turnover days in the last 12 months. Most dates align with news.
    SecurityDateOpenHighLowCloseVolume
    1SIX26/09/20230.0190.0190.0170.0173298864
    2SIX02/08/20230.040.040.0330.0353252463
    3SIX06/07/20230.0450.0450.0420.0451763844
    4SIX19/12/20220.0350.0460.0350.0421659239
    5SIX08/11/20220.0280.0290.0260.0291441907
    6SIX01/08/20230.0380.0410.0370.0381427105
    7SIX25/01/20230.040.0460.0390.0421323110
    8SIX04/08/20230.0330.0390.0330.0371309628
    9SIX20/01/20230.0320.0320.0310.0311217163
    10SIX19/01/20230.0360.0360.0330.0331133068
    11SIX25/08/20230.0220.0220.0220.0221121529
    12SIX03/08/20230.0340.0340.0330.0331099000
    13SIX31/07/20230.0410.0410.040.041081453
    14SIX19/09/20230.020.020.020.021074536
    15SIX20/12/20220.0420.0440.0390.0431037841

    Only news we had today was 1, we were reinstated to quotation, as excited as I am that we are back on the ASX I dont think that would inspire someone to suddenly spend big, and 2 the annual report.
    I have only had a chance to have a breif skim of it, gotta start getting ready to goto work now unfortunately but someone obviously sees something they like in there.

    I see that Mr Upton now has approx 2.4m or so shares, big jump from last year. Puts him in the T20 at #18.
    Actually comparing the two annual reports together shows the T20 hasn't changed all that much. Most of the same names some have changed positions. Also good to see that despite the dilution from issue of shares the T20 still hold roughly 80% of the SOI. Should mean when it moves it moves quick.

    Gonna be interesting watching whatevers up unfold.
    Gotta go, GLTA.
    OP.


 
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Last
2.6¢
Change
0.001(4.00%)
Mkt cap ! $12.85M
Open High Low Value Volume
2.5¢ 2.7¢ 2.5¢ $22.55K 892.2K

Buyers (Bids)

No. Vol. Price($)
2 838794 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 1 1
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
2.5¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
2.5¢ 2.5¢ 2.5¢ 3076
Last updated 13.53pm 21/05/2024 ?
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