looking back it looks like this has all been a set up by placement holders imo. were been stitched up guys.
- Pump up the share price from 1.1 cents to 2.4 cents.
- sell their placement shares of 0.009 into 2.4 cents to 1.6 cents, still 100% result even on 1.8 cents.
- day before the offer closes clean up all the cheap shares 1.4 cent to 1.8 cents so the qualify for the offer.
- then day after record date dump again and get some cheap shares and options.
also looking back at the timetable it looks like they will not receive the full funds before march,
so drilling will not be until after that, a pretty long wait in spec world.
on the SP the real gap is at 1.5 cents and I think that will be the base support level, I do not see it going under that its just to cheap.
I'm still holding because I figure 1.5 cents should be the floor but annoyed how it has all been played out.
I expect tomorrow more selling in the morning and then heavy buying into close.
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Last
0.8¢ |
Change
-0.001(6.25%) |
Mkt cap ! $15.00M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $481 | 64.14K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 3363673 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 3691419 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1372279 | 0.007 |
7 | 1679026 | 0.006 |
5 | 5509300 | 0.005 |
1 | 500000 | 0.004 |
2 | 800000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2498990 | 3 |
0.009 | 2479443 | 3 |
0.010 | 3155309 | 2 |
0.011 | 200000 | 1 |
0.012 | 967000 | 3 |
Last trade - 15.54pm 16/08/2024 (20 minute delay) ? |
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SPQ (ASX) Chart |