I feel that most have already left. Contrary to a particular poster's view, most long termers are not "disgruntled" - we appreciate management's commitment to the company and the fact they definitely put shareholders first (they pay themselves tiny salaries and none of the absurd stock based compensation BS you see in other companies). The raise was necessary, but shareholders can be rest assured that 99% of it will be funding the high growth launch of iTrack Advance. This will almost certainly be far more accretive than the dilution it caused
Cap raise investors are the sellers (they entered with short term intentions). The huge volumes we have seen recently (indicative of a rebound in interest in this company) has resulted in most of these cap raise investors being flushed out. We are now back to the tightly held stock we had prior to the cap raise.
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I feel that most have already left. Contrary to a particular...
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Last
24.0¢ |
Change
0.025(11.6%) |
Mkt cap ! $54.91M |
Open | High | Low | Value | Volume |
22.0¢ | 25.0¢ | 22.0¢ | $250.2K | 1.070M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30000 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 3900 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30000 | 0.240 |
1 | 20000 | 0.235 |
1 | 50000 | 0.230 |
1 | 50000 | 0.225 |
4 | 196832 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 3900 | 1 |
0.265 | 50000 | 1 |
0.270 | 130000 | 2 |
0.275 | 58000 | 2 |
0.280 | 100000 | 1 |
Last trade - 15.59pm 04/07/2024 (20 minute delay) ? |
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EYE (ASX) Chart |