Day traders might suggest a capital raise for Spenda, even with its ample cash runway, to create fear and uncertainty among investors. This rumor can lead to a sell-off, driving the stock price down, and allowing traders to buy at lower prices. By spreading this speculation, they divert attention from the company’s strong financial position and positive outlook, manipulating the stock price for their short-term gain.
It's just the beginning for Spenda!, page-15238
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $34.59M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 1.0¢ | 0.7¢ | $98.44K | 11.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1982955 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1899502 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SPX (ASX) Chart |