I don't think retail shareholders are selling any of their shares.They are the loyal supporters. It's a few in the top 30 that continue to sell. Just look at the course of sales - almost always in lots of 100,000 shares.
So, I am asking the question - Why sell a couple of 100,000 lots each day, when you have 60 million or 20-30 million shares in your shareholdings? And why sell now to new 52 weeks low when KFE has just raise more capital?
New low's, page-2
Add M4M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $125.9M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.7¢ | 3.5¢ | $168.6K | 4.696M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1670812 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 300000 | 1 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| M4M (ASX) Chart |