I find the trading on the Nasdaq highly frustrating. Every time Prana starts to run there, management sell millions of shares into the market and kills the run. After Friday's very strong trading, the price really should have continued to rise today, but no, it is now down 1% on 20m shares equivalent traded. It hit a high of $6.03 and has spent a lot of the day trading in the $5.60 to $5.80 range.
Message to management: Stop stifling every run in the company's share price on the Nasdaq! After a move like Friday's, let the price continue to rise for a few days and then you can issue more shares at higher prices.
nasdaq trading
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.22M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $4.233K | 885.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 90514720 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 20531083 | 18 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
0.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 500000 | ||
| Last updated 15.07pm 14/06/2024 ? | |||||
| ATH (ASX) Chart |