There has to be a capital raising soon so the dumping of shares may be in response to a capital raising that appears imminent. Where the shares are now indicates perhaps a 2.2 to 2.5 cents per share raising. Would make sense to sell no and pick them up at a lower price.
Although a good story is being told it doesn't equate to anything of substance unless it generates a cashflow - if the moon was made of pure gold and it costs more to mine and bring back than it has no real value.
The clock is ticking and it keeps ticking. A positive spin may keep shareholders happy in the near term, but until the story sets and has meaning we could all be siting around table in a pub telling yarns.
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Last
79.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $157.8M |
Open | High | Low | Value | Volume |
79.0¢ | 79.0¢ | 79.0¢ | $1.056K | 1.337K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4967 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.5¢ | 4641 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4967 | 0.790 |
1 | 3000 | 0.780 |
2 | 18831 | 0.760 |
1 | 5538 | 0.740 |
1 | 1309 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.795 | 4641 | 1 |
0.825 | 7162 | 1 |
0.830 | 10355 | 1 |
0.870 | 13999 | 2 |
0.890 | 2368 | 1 |
Last trade - 10.06am 01/08/2024 (20 minute delay) ? |
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