How would buyers of the placement instigate this?
The scenario would require a leak has to come from inside the board of management or the brokerage involved. That leak has then got to be spread to enough existing shareholders who are involved in the placement to dump their existing shares shares in unison for 3.5-3.1c in order to instigate a sell-off to pick up shares at ...3.0c?
That didn't happen. The simplest and least nefarious explanation is essentially always the correct one:
The stock price dropped because it's been 6 weeks since the positive news in the investor webinar and the only price sensitive news has been negative (the 4C).
- Forums
- ASX - By Stock
- it's just the beginning for Cirralto!
How would buyers of the placement instigate this? The scenario...
-
- There are more pages in this discussion • 17,763 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPX (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.24M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $4.104K | 410.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 3219998 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 649583 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 3219998 | 0.009 |
12 | 4203612 | 0.008 |
13 | 12511659 | 0.007 |
5 | 5600000 | 0.006 |
6 | 9350001 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 649583 | 3 |
0.011 | 4851958 | 10 |
0.012 | 9241667 | 18 |
0.013 | 4126673 | 8 |
0.014 | 3709500 | 6 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
SPX (ASX) Chart |