Aurelious, i watched the trading closely following the announcement.
Point 4 clearly sums up the trading.
ANZ HAVE taken control of the shares as they were the SECURITY behind the margin loans.
ANZ's interest is to: recover the debt owed to them. That and NOTHING else.
The 200 bods to a higher lovel followed by continues large dumps suggest ANZ have begun selling THEIR collateral to recover the loaned amount.
Holders here are VERY unfortunate.
Director (and ex-director) run a brokerage service that has exploaded.
Very unfortunate.
Aurelious, i watched the trading closely following the...
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Change
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Mkt cap ! $16.29M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1592171 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 662260 | 2 |
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