Reading between the lines makes me think they have been approached by numerous funds who want to take a position. To grow this company they are going to need more than the 500k they have right now. So if this is a strategic placement to one or two funds at a good price to ramp up sales and grow the company etc this will be a very good thing imo
Trading Halt..., page-62
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Last
54.0¢ |
Change
-0.010(1.82%) |
Mkt cap ! $73.48M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 55.0¢ | 53.5¢ | $22.29K | 41.37K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1181 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 9980 | 2 |
View Market Depth
| Last trade - 15.48pm 07/11/2024 (20 minute delay) ? |
| SMN (ASX) Chart |