I've just calculated how many shares were traded since the issue of new share as payment for the acquisition - about 370mln shares changed hands since 30Nov. This is more than the issued number of 357mln. The question remains how many of the traded shares during this period didn't come directly from the acquisition. My guess is that vast majority is the acquisition shares. Quoted SP of 0.7c is too much temptation not to sell for these guys. So I am also guessing that the selling might be nearly over. Strong trading up at the end of today seems to be confirming this theory
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Is the sell off over for now?, page-12
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $8.553M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $3.512K | 1.755M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
44 | 57714286 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 25388774 | 30 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
44 | 57714286 | 0.002 |
78 | 215341682 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 24688774 | 28 |
0.004 | 14575136 | 6 |
0.005 | 6188530 | 5 |
0.006 | 960111 | 3 |
0.007 | 1000000 | 1 |
Last trade - 10.04am 06/09/2024 (20 minute delay) ? |
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JAV (ASX) Chart |