Please explain to me who is actually doing the pump? I see so many posts like this on HotCopper about price manipulation or CR pumps. It’s all rubbish talk . Do you actually think insiders are buying millions of shares as parcels to raise the share price for a CR? Your last 4 posts on this company have mentioned CR.
Explorers and companies trying to get to production spend cash. That's their job, which means they must raise cash. After this recent hit (74.4m), so many would jump in this at a CR. We did a raise at 29c before Mavis' acquisition was finished, and it flew. So, when the time is right and for the right reasons, a stock can move on a raise. I think, with a very good cash balance, potential for more big hits, and with Gull wing coming up, this is a great time to raise cash, get even more eyes on this, and in my opinion, more cash will bring more buyers in. Personally, I have spoken to management, and they will do a raise which has the best outcome for shareholders, with minimal dilution, etc. I don't know what that will be, but I'm happy to see a raise and us use those funds to progress further.
I would love for you to tell me who you think has100,000’s of cash around to pump this share price for a raise, and how do these people even know the price will move and not be sold into? Because it's just smack talk. What's your evidence of ever seeing this happen here?
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $13.74M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $4.986K | 635.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 2719701 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1578371 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 2719701 | 0.007 |
26 | 11793317 | 0.006 |
24 | 10254267 | 0.005 |
8 | 7037595 | 0.004 |
4 | 5170001 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1578371 | 7 |
0.009 | 5169204 | 7 |
0.010 | 2198868 | 7 |
0.011 | 1552168 | 5 |
0.012 | 2948409 | 5 |
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