I am sure I am not the only one who has asked why the small sells, which majority are cross trades.and how any movement up is pushed down.
I was told they have identified a participant who partook in the cr, with one of the 2 companies who ran the offer. And they believe that ixr will need to raise to complete the program they have planned. I am sure I am not the only one who has been told this.
Hence the hold around 10 cents raises are 30% below so whoever think they will raise will come in at 7 cents. Most of the trades today are buying and selling to the same WA broker same as a lot of the shares at 10 cents.
I was told no way would they raise. While there is 400 mil share 270 are on asx and top 20 hold are a fair chunk. Look it is pretty crappy that this sort of stuff happens. But hopefully results and further exploration will blow them away.
For me though if I was the company I would be on the front foot communicating what is happening.
We know results are due but an update wouldn't hurt.
Nor would an update on what azure thinks, and a bit of an out line that show how ixr should react to maximize what it has.
I think the saddest thing about this sort of stuff is anyone who feel like the should sell it goes straight to the person playing with the price.
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ionic rare earths limited
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Last
1.4¢ |
Change
0.002(12.5%) |
Mkt cap ! $71.11M |
Open | High | Low | Value | Volume |
1.3¢ | 1.4¢ | 1.3¢ | $218.8K | 16.71M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 4316840 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 11562222 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 4316840 | 0.013 |
21 | 6297486 | 0.012 |
24 | 8636891 | 0.011 |
38 | 17065637 | 0.010 |
19 | 11810440 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 11562222 | 18 |
0.015 | 5518367 | 11 |
0.016 | 3749746 | 8 |
0.017 | 3210509 | 7 |
0.018 | 1560000 | 4 |
Last trade - 11.46am 02/07/2025 (20 minute delay) ? |
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ACTINOGEN MEDICAL LIMITED
Dr. Steven Gourlay, CEO
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