agree.
the closing price is 5.5c on 13/12/2013 which is friday.
So i would predict that the placement negotiation happen during the weekends.
Once those SI know the CR price is 5.5c, they drive the price up and sold share they own , given that they know they will get back at 5.5c. Looking at the placement it is only 36mil shares and on monday around 90 mil shares traded.
I feel so sorry for those who (who bought the other 60mil shares) get in above 6-8c on Monday.
ASIC should really investigate this
DYOR
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.796M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $66 | 6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1421025 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 100554 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1421025 | 0.011 |
3 | 448000 | 0.010 |
3 | 378151 | 0.009 |
2 | 190682 | 0.008 |
2 | 964356 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 100554 | 3 |
0.015 | 211149 | 3 |
0.016 | 97844 | 2 |
0.017 | 250000 | 1 |
0.018 | 418098 | 3 |
Last trade - 10.23am 09/09/2024 (20 minute delay) ? |
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