Not manipulation - just a typical problem with any company whose shares are very thinly traded. The company has about 100M shares but nearly 90% of these are held by the top 4 shareholders. This leaves a mere 10M available for trade and a fair guess much of this is also held by longtermers (like myself) and again is not available. The net result is a very small daily turnover, generally less than 20000 shares and often zero.
With a very sparse buy/sell list large gaps between buy&sell are quite common.
My suggestion is to put them in the draw and wait for dividends to start flowing - hopefuly this will increase heaps over the next couple of years now the expansion program has almost finished.
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Last
$4.17 |
Change
0.020(0.48%) |
Mkt cap ! $410.4M |
Open | High | Low | Value | Volume |
$4.15 | $4.17 | $4.15 | $23.91K | 5.745K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 904 | $4.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.17 | 2487 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 904 | 4.150 |
1 | 2599 | 4.110 |
1 | 1402 | 4.050 |
1 | 1000 | 4.030 |
1 | 1500 | 4.000 |
Price($) | Vol. | No. |
---|---|---|
4.170 | 2487 | 1 |
4.240 | 4655 | 5 |
4.350 | 2500 | 1 |
4.360 | 1500 | 1 |
4.400 | 4995 | 1 |
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