Tax loss selling will be complete now.
An institutional investor has paid 1.25c well above market price when Lind's last tranche was .007.
The question is why? They could of bought most of it on market for a cheaper price.
This tells me the buyer is long term and knows they will make a good return. I would like to see some of this money pay out the Lind convertible note establishment fee.
Confidence and paying above the odds is a great thing. Not mentioning OBL announcements regarding a quick solution to ownership of Derby block. There is a real chance OBL could get 100% of the Derby Block for a donut very quickly.
If OBL get 100% they will need to prove to the DMP that they can fund it. I reckon there must be a billion pound gorilla in the background. Or something is about to happen with another asset.
With this capital raising, Lind funding, BOPL debt owed and OXX monies, OBL are sitting pretty to take the next step.
All exciting.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.312M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.1¢ | $14.53K | 681.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 968848 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 683870 | 0.003 |
19 | 25757561 | 0.002 |
15 | 18215015 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 11012939 | 22 |
0.005 | 5224950 | 6 |
0.006 | 9926666 | 4 |
0.007 | 7845449 | 7 |
0.008 | 3646766 | 2 |
Last trade - 10.35am 07/11/2024 (20 minute delay) ? |
EMP (ASX) Chart |