Talking about a vicious circle of suppressed share price, take a look at today's buy/sell orders, there are a number of buy AND sell orders for 63,400 shares or 31,700 x 2. Looks like the trick is to buy low and sell high to cream a 10% profit in doing so. Sure 10% profit sounds great, but at 5.8c, you are only talking about $370 in each turnaround.
I wish these people would read this post and realise letting the SP to return to its true valuation would bring them a lot more $$$
Talking about a vicious circle of suppressed share price, take a...
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $583.2M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.0¢ | 11.5¢ | $211.8K | 1.723M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1141177 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 120950 | 2 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| PYC (ASX) Chart |