Most prices tumble down and can’t break higher if a capital raise is in the soon to be future. IMO market is waiting on that to happen. Clue was in the RMIT Ann in regards to funding.
They’ll get the funds, pretty easy system for the SOPHS circle and Bell Potter clients. Only need 10-20% return on $1000k+ to sell the issues shares for profit and the company is happy as they have exchanged funds to Sophs for money who in turn sell them onto retail.
Window to exit in the month following.
Very simple business transaction and the 20% pump always follows, just check the price history in weeks after each CR over the years to allow those who participated to exit.
If there is nothing in the pipeline for next few months then it’ll be a SPP which is what would struggle to be filled.
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33.0¢ |
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Mkt cap ! $15.97M |
Open | High | Low | Value | Volume |
32.0¢ | 34.0¢ | 32.0¢ | $1.401K | 4.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 375 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 662 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 375 | 0.275 |
1 | 15000 | 0.260 |
1 | 20000 | 0.250 |
1 | 2200 | 0.230 |
1 | 4545 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.365 | 11528 | 2 |
0.370 | 2000 | 1 |
0.380 | 1522 | 1 |
0.395 | 8746 | 1 |
0.400 | 1183 | 5 |
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