At the end of the day, AON has essentially conducted a $1 million dollar capital raising at 2 cents by stealth (placing stock with HPX, and HPX straight away selling at mkt) . And the mkt has just woken up to this, with raising only half done by the way, HPX still has another 25 million shares to offload 1.8/2.0 area.
One big question for ASIC, HPX was selling before it had lodged as a substantial holder. hmmmmmm.
Remember also AON was in the throw's of a good old fashioned pump and dump, So stale longs were already panicking before HPX hit the mkt 2.5/1.8 area.
Technically AON looks totally bu**ered, so no support from bottom feeders likley just yet either..
GL
post drilling results, page-52
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.10M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 155507 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 59453 | 1 |
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| Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
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