I would love to delve into the shorting practices before the split. Who shorted such a large Qty.? Were the shares just shorted. ? were the share "borrowed" to short and from whom ?. Why were the shorts not closed when opportunity presented itself to make a tidy profit.? Do the directors Know who did the shorting. ? I think if I was a director I would have don my due dilligence and suggested to ASIC a closer examination just to cover my own ass.
The whole experience there was very much on the nose with someone very much in the know , that nothing was going to happen in this space. Lets not lose sight of the fact this company once traded at $1.70 pre split $17 in the new money.
I wonder if Rio is part of this buy in to add to the PGM property they bought next door . https://www.riotinto.com/en/news/releases/2023/rio-tinto-acquires-high-grade-scandium-project-in-australia.
Still holding out the Govt will anti up to build a battery plant in NSW
And I cant understand why more is not made of the advantages of Scandium to the Aluminium It is a critical element that seems to be locked up in Russia and China.
Kaiser report 2, page-6
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Last
59.0¢ |
Change
0.015(2.61%) |
Mkt cap ! $53.23M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 59.5¢ | 56.5¢ | $7.984K | 13.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4915 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
57.0¢ |
Change
0.015 ( 2.56 %) |
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| Open | High | Low | Volume | ||
| 59.5¢ | 59.5¢ | 56.5¢ | 3466 | ||
| Last updated 15.56pm 24/05/2024 ? | |||||
| SRL (ASX) Chart |