On seeing that Cygnet were underwriting, it now seems clear to me what was going on with the strange trading of options versus heads. I believe Cygnet were pumping the sp just enough to ensure they could offload the underwritten shares.
The last little pump is probably over now with Cygnet offloading onto clients. The 6% fee should easily have been enough to cover the price they paid above 75c over the last few weeks.
I have significantly reduced my holdings until there is no more reason for a pump. I still like this venture and hope to buy back in at the true market price.
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $23.01M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $6.117K | 873.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 3042578 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 4547399 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 3042578 | 0.007 |
4 | 1106900 | 0.006 |
9 | 2027095 | 0.005 |
5 | 1800000 | 0.004 |
3 | 960000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 4547399 | 9 |
0.009 | 6639062 | 13 |
0.010 | 2020782 | 8 |
0.011 | 9671600 | 10 |
0.012 | 4120877 | 6 |
Last trade - 13.06pm 09/07/2024 (20 minute delay) ? |
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