Old management were running an oil & gas company not a 'pray and hope' company. To assume all trading in May/June is tax-loss selling is naive. Especially large, top 20 holdings. Most sophisticated investors will manage tax-loss selling off-market. When it is on-market, they don't transact large numbers but rather in a way to not spook the market.
Looks like it's more of a statement to management in my opinion.
Old management were running an oil & gas company not a 'pray and...
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Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $27.20M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.4¢ | $150.0K | 10.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 9027765 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 999999 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| TEG (ASX) Chart |