This explain why there were so many major shareholders updates (one day they are not substantial holder next they are substantial holder) . The big boys knew that there was going to be a Capital raise and was doubling down there average price. If goes below $1.90 , I will buy some.
But does not have any confidence in the management, last time they sold truck load of shares around $9,$ when the share price was $10.
So need to see some co-founders buy some shares on market, otherwise retails investors who are holding the line will give up.
This explain why there were so many major shareholders updates...
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Last
$1.85 |
Change
0.070(3.94%) |
Mkt cap ! $2.335B | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.91 | $1.80 | $45.22M | 24.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7500 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 211147 | 7 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |