When one looks at the bids and offers, stacks of millions of shares on either or more often one side, are quite intimidating.
IMO, a 1 for 5 consolidation would serve the OWNERS of the company better.
If institutions understand they can keep pumping and dumping shares and that when there is a CR, they'll be taken care of, then it has been made very clear to them that it is 'Open Sesame'.
I'm hanging in and bought more today, but it is very clear to me that retail investors are being shorn.
"Just shut up and you'll end up rich", is not an argument that usually wins people over.
When one looks at the bids and offers, stacks of millions of...
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Last
8.4¢ |
Change
-0.003(3.45%) |
Mkt cap ! $614.8M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.2¢ | $2.066M | 24.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 155713 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 140171 | 5 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
8.3¢ |
Change
-0.003 ( 4.16 %) |
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| Open | High | Low | Volume | ||
| 8.5¢ | 8.6¢ | 8.2¢ | 6789460 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| IMU (ASX) Chart |