As expected, and in contradiction to the title of this thread, shorts are actually closing out while the share price is is at record 2-year lows, with the most recent SP hammering ostensibly brought on by the company share Placement and SPP announced 18 August 2023, which IMO, defied logic!
I suspect this was the method in the madness in consideration of the SPP terms, which effectively funds the recent CAR-T IP acquisition without impacting the various trial programs funding, enabling shareholder participation on seemingly favourable terms, while affording the shorts an opportunity to close out at 2-year share price lows. Will this be the turning point in the tide?
As expected, and in contradiction to the title of this thread,...
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Last
6.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $505.0M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 7.0¢ | 6.9¢ | $79.31K | 1.148M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 7253698 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 145389 | 12 |
View Market Depth
| Last trade - 10.15am 29/05/2024 (20 minute delay) ? |
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Last
6.9¢ |
Change
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| Open | High | Low | Volume | ||
| 6.9¢ | 6.9¢ | 6.8¢ | 624446 | ||
| Last updated 10.38am 29/05/2024 ? | |||||
| IMU (ASX) Chart |