It looks like they are using a sales facility to sell new shareholders shares (from looking at announcements).
8 million traded the other day may have been the sales facility shares sold to an institutional investor?
Looks like gearing after the merger has improved (from announcements), and net assets (property) are over $2/share so could be good buying once they start heading north again
whats wrong ?, page-5
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.923M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $5.442K | 2.674M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 43236745 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 44431350 | 23 |
View Market Depth
| Last trade - 10.00am 02/10/2024 (20 minute delay) ? |
| AVE (ASX) Chart |