Everything about the IPO in retrospect looks dodgy. Pumping and then the dumping started not long before the first announcement then it never stopped. With a couple more pump and dumps after the reaffirming IPO guidance announcement on March 8 and then the CEO purchasing resulted in another pump and dump. So there was about 5 months before share holders started to hear what was really going on in this rubbish company and since then any announcement or any article from the media has only made things worse.
If there has been criminal misconduct with the share allocations at the IPO I only think this weakens Sheehy’s case. I think he’ll lose IMHO.
Everything about the IPO in retrospect looks dodgy. Pumping and...
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Last
$6.75 |
Change
0.095(1.43%) |
Mkt cap ! $2.221B | |||
| Open | High | Low | Value | Volume |
| $6.65 | $6.78 | $6.64 | $6.628M | 989.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3572 | $6.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.75 | 13505 | 22 |
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| Last trade - 13.40pm 10/10/2024 (20 minute delay) ? |
| NXL (ASX) Chart |