Investors tend to think the worst when the share price is in free fall, good on JP and Tony for coming out on the front foot.
I've spoken to a few shareholders who have used the share price weakness to build their holdings to well over 1,000,000 shares +. We all know who the seller is (the same one that's been selling for the last two years). It's brought a lot of frustration, but it's also brought opportunity, just as long as the finance package doesn't involve massive amounts of equity. I don't think it will, and I look forward to things being announced.
People may have lost sight of the fact that they've got the number 1 merchant bankers working with them, Barrenjoey were clearly aware of the transaction/s before jumping on board with a small cap company.
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Mkt cap ! $15.21M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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0.9¢ | 3181111 | 4 |
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3 | 2215499 | 0.008 |
8 | 5736714 | 0.007 |
3 | 2100000 | 0.006 |
3 | 3297010 | 0.005 |
4 | 3128750 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 3181111 | 4 |
0.010 | 2195527 | 5 |
0.011 | 1717366 | 7 |
0.012 | 166666 | 1 |
0.014 | 42500 | 1 |
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