I know there were conversations about doing the CR a month or two before the MRE, and at a much higher price. What was the rationale for waiting till after the MRE? Why would anyone buy when they know a CR is imminent? I believe it's the reason the stock went down so much after the MRE and it probably would have gone down even further if it wasn't supported at .20 to help facilitate the CR.
Over the years there have been several instances where the price of SVY has been negatively impacted by sophisticated traders.
While your team is excellent at drilling and finding metal, having someone on the team that understands trading and market dynamics is of equal importance.
Are there any plans to hire / consult with a high level trader or trading firm, so these mistakes don't get repeated?
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Last
2.9¢ |
Change
0.001(3.57%) |
Mkt cap ! $13.66M |
Open | High | Low | Value | Volume |
2.8¢ | 2.9¢ | 2.8¢ | $4.184K | 144.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 50622 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 75328 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30622 | 0.028 |
1 | 199695 | 0.027 |
6 | 347103 | 0.026 |
7 | 749680 | 0.025 |
3 | 941700 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 75328 | 1 |
0.031 | 70000 | 2 |
0.032 | 235104 | 2 |
0.033 | 122879 | 2 |
0.034 | 59983 | 2 |
Last trade - 12.08pm 12/07/2024 (20 minute delay) ? |
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SVY (ASX) Chart |