The share price is just so sick at the moment. Touched $1.03 just now. This is the chart of a company about to raise capital. Only we did that last year and have $60m in the bank. So what is it? Somebody knows something.
This smells real bad. Institutional shareholders who stumped up the vast majority of the $49m capital raising 1 year ago would be absolutely livid. They’re sitting on a 50% loss in one year. I wonder what negative news will be cunningly buried or surprisingly revealed in the QR in the next few days.
Seems like a few insiders have had the old nudge nudge wink wink and have been selling down a little and the poor SP has been exacerbated as a result of no buying support. Us retail muppets will be the last to know.
CEO Jackie Fairley is on borrowed time.
The share price is just so sick at the moment. Touched $1.03...
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Last
10.5¢ |
Change
0.006(6.06%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 9.7¢ | 10.5¢ | 9.6¢ | $12.10K | 123.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1786 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 183631 | 5 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| SPL (ASX) Chart |