Looking at today's trading. Just look at the last couple of trade offerings. Nothing to see here right?
Not large volume but then at the last minute sellers dropped to 55.5 cents for 19 shares! Trying to set the closing down at 55.5 cents when most of the trades were 57 cent plus. Very few days do not have this kind of activity at the end of trade. It would appear that the intent is on thin trade days to pull the price of the stock down 1 cent or say each day or every couple of days. I agree @sittight in the long game we are confident that the RCE 327 and 527 compounds are world beating but if you want to do a major deal with a pharma or raise the money you want to start from $1.20 not 40 cents as a negotiating start. Shorting or market manipulation weakens the shareholder's value. For now I just like to pick up these packages when they are low and at a marketable package for a retail buyer but at 19 shares they are not. Nice work @theace these are the type of numbers I have very often seen appear, such as today below.
Let us all keep watching and recording and maybe one day the ASIC might action something. Not holding my breath but at least it is reported.
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Last
62.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $126.4M |
Open | High | Low | Value | Volume |
62.0¢ | 63.5¢ | 62.0¢ | $1.635K | 2.61K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9703 | 61.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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63.0¢ | 7 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9703 | 0.615 |
2 | 7188 | 0.610 |
1 | 7568 | 0.605 |
4 | 60233 | 0.600 |
1 | 30000 | 0.595 |
Price($) | Vol. | No. |
---|---|---|
0.630 | 7 | 1 |
0.635 | 11191 | 1 |
0.640 | 50000 | 1 |
0.645 | 50629 | 2 |
0.650 | 34260 | 1 |
Last trade - 10.28am 15/05/2024 (20 minute delay) ? |
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Last
61.5¢ |
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Change
0.000 ( 3.15 %) |
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Open | High | Low | Volume | ||
61.5¢ | 61.5¢ | 61.5¢ | 5349 | ||
Last updated 10.44am 15/05/2024 ? |
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RCE (ASX) Chart |