Hi Shady
I dare say the selling is just some sophs unloading an equal amount of shares they bought to accommodate the raise so they are basically just swapping them out and obtaining the free attached options for nothing. Some may have purchased in the 5- 6 c mark and are going to use this for tax capital losses ? I feel all will slow down shortly and be back on the rise. Time will tell.
Importantly we are now cashed up and any announcement will not have this dragging us back as people will not be scared of the CR. Although I am not happy at the raise at the low price I feel management may have had their hands tied as they had pending price sensitive information to release ( for so many months) and probably could not of done a CR until this news was out to market. I still am in bewilderment what was holding the announcement back.
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Hi ShadyI dare say the selling is just some sophs unloading an...
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1.1¢ |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2076084 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 5060 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2076084 | 0.009 |
4 | 1583214 | 0.008 |
6 | 1031072 | 0.007 |
10 | 4140655 | 0.006 |
2 | 506009 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 5060 | 1 |
0.012 | 2000319 | 5 |
0.013 | 1400000 | 3 |
0.015 | 375000 | 1 |
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