These companies have been held down for so long now.
They never get a chance to rise higher than the average share price of what the lenders were given the stock at.
When panic sets in because of inflated sell queues more selling occurs of which these lenders can now buy more lower.
So when there is a rise , it’s short lived, but the lenders sell and got out selling their holding at a profit.
This causes more panic and the stock price drops even further.
To where we are now with so many small and micro caps.
ASIC do nothing about it, all this while the top 20 bluee chips make everything look rosey because they fluctuate too viciously for shorting to be safe.
These companies have been held down for so long now.They never...
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Last
8.9¢ |
Change
0.004(4.71%) |
Mkt cap ! $97.08M | |||
| Open | High | Low | Value | Volume |
| 8.7¢ | 9.2¢ | 8.5¢ | $4.694M | 52.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3418000 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.0¢ | 222222 | 2 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| TMG (ASX) Chart |