Noticed the small bot like trades today that to me are aimed at giving the appearance of a depressed share price. Maybe the aim is to discourage participation in the spp so that the perpetrators of the small trades can then buy any shortfall in bulk if there is one.
Given the recent strong placement support raising 21mill, I would have thought that individual shareholders would realise that buying shares from the company is a far more positive thing than buying from the market at around the same price. This just my own view but what would be the point of say me buying $15000 of shares or more at around 28c on market while at the same time foregoing the spp. IMO I would be shooting myself in the foot if as a consequence of my actions there was to be a shortfall and create a negative sentiment and the shares would possibly decline further,even if only temporarily.
On the other hand I believe that if the ordinary shareholders support the spp well, this in its self would create a positive sentiment that could auger well for the sp along with any pending news. These are just my own opinions on the issue and may be off the mark. dyor.
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Last
30.5¢ |
Change
-0.010(3.17%) |
Mkt cap ! $443.6M |
Open | High | Low | Value | Volume |
31.0¢ | 31.8¢ | 30.5¢ | $1.050M | 3.399M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 334744 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 5285 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 334744 | 0.305 |
25 | 429113 | 0.300 |
9 | 120834 | 0.295 |
11 | 509636 | 0.290 |
9 | 1056625 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 5285 | 1 |
0.315 | 7174 | 2 |
0.320 | 115546 | 6 |
0.325 | 239718 | 4 |
0.330 | 26299 | 3 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
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