They are trapped. Damned if they do and damned if they don't. Start selling down a speculative share by a top 20 shareholder even at its highs would kill the SP.
A very risky business accumulating huge numbers of shares in speculative companies. Doesn't take much to create angst and SP capitulation.
Shooting the breeze on ADO, page-2323
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Last
2.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $49.37M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.9¢ | $15.05K | 758.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2299968 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 209963 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| ADO (ASX) Chart |