Not to worry champs..
10 million shares were traded in 5 transactions yesterday! Coincidence.. straight after the Appendix 3B stated someone had converted 10 million 1c unlisted options. Sold at an average 1.55c yesterday. Yes- these were part of the transaction to put Dimerix in the Sun Biomedical shell. Not too hard to figure out where they went.
Another 5 million dumped in one transaction today at 1.5c. Not many have that many to do that.. oh wait, another Appendix 3B today stating another 10 million 1c unlisted options converted. No surprises here guys.. The seller at 1.5c is the same and the remains of the 10 million converted options.
Similarly, ~3 million 0.7c options were converted and sold in a similar manner last week.
Those related to the deal are presumably taking an easy profit without consideration to the actual/potential value of the company. That's the markets.. so let's enjoy the fact that we can buy at 1.5c again.. If it were not for these transactions, I do not think we would have ever had the chance!!!
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Not to worry champs.. 10 million shares were traded in 5...
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40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $223.0M |
Open | High | Low | Value | Volume |
38.5¢ | 41.0¢ | 38.5¢ | $661.0K | 1.658M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 64095 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.5¢ | 24507 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 64147 | 0.400 |
8 | 75599 | 0.395 |
10 | 123650 | 0.390 |
11 | 206648 | 0.385 |
13 | 135845 | 0.380 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 42039 | 6 |
0.410 | 116627 | 9 |
0.415 | 65361 | 7 |
0.420 | 193207 | 7 |
0.425 | 82300 | 5 |
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