The only "logical reson" for the poor share price performance that I can think of is manipulation of the VWAP of the shares prior to a T/O.
By limiting the movement of the shares and preventing any advance on good announcements the eventual price of a T/O would be reduced.
The recent action in the shares and any positive movement that occurs get beaten down.
IMO this is classic manipulation prior to a T/O offer being made.
The only "logical reson" for the poor share price performance...
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Last
4.2¢ |
Change
0.001(2.44%) |
Mkt cap ! $66.73M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.3¢ | 4.2¢ | $81.39K | 1.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1202327 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 155341 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IVR (ASX) Chart |