Agreed, it doesn't really make sense, the only thing i can imagine is their investors demanded some returns, so thus the dividend payout, then the Superhero acquisition happened really fast and they are now hit by a double whammy, really low trading volumes on Crypto and Superhero also dragging them down, also having low trading volumes and a making a loss on every trade, all combined to mean they suddenly need a cash injection.
It doesn't sound very well thought out, except moving their move to reduce this risk exposure by putting most of their clients money back into low risk arrangements.
Agreed, it doesn't really make sense, the only thing i can...
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $30.46M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $228 | 1.754K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18246 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 304757 | 4 |
View Market Depth
| Last trade - 15.57pm 03/05/2024 (20 minute delay) ? |
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Last
13.5¢ |
Change
-0.005 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.5¢ | 13.0¢ | 12450 | ||
| Last updated 11.56am 03/05/2024 ? | |||||
| SWF (ASX) Chart |