I am usually very wary of conspiracy theories but looks to me...

  1. 4,913 Posts.
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    I am usually very wary of conspiracy theories but looks to me that someone might be interested in buying a LOT of shares shares by manipulating a big shortfall .
    Tempting some to spend their CR money on cheap shares and scaring others not to take part in fear of a falling share price.
    I did not look at the market during trading hours so was not tempted today .
    Interested to see what it does tomorrow .
    So disregarding brokerage 2.4cents values they low ball options at .33 cents to equal the CR price of 2.5 cents.
    The 0ptions will be listed and I think that they are likely worth considerably more than that before they expire .
    My intentions were to take up all my entitlement and plenty of shortfall too .

    But by all means sellers push it down a pip or more and I will be tempted to buy some of the post entitlement shares on market too .
 
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(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $3.665M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $10 5K

Buyers (Bids)

No. Vol. Price($)
14 15680488 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 10613886 10
View Market Depth
Last trade - 10.00am 23/06/2025 (20 minute delay) ?
MEL (ASX) Chart
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