over 9,000,000 shares sold at 0.002c in the last 3 days. 15,000,000 shares since last Wednesday.
Top 20 holder selling, or could it be the new advisor that got 25,000,000 free shares early last month?
If it's the adviser, this is the problem with giving away free shares. 25,000,000 free shares may only be $50k worth of stock, and much easier then giving cash, but it has the ability to wipe out the majority of MEM's buy orders at the minute.
If the advisor was in it for the long run they would have taken free options in leiu of ordinary shares.
It might not be them, but this volume is unusual for MEM over the span of 3 days.
Ann: Update on Dispute Resolution Process, page-17
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.00M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $25.15K | 5.030M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 18291263 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 8551662 | 3 |
View Market Depth
| Last trade - 10.32am 08/11/2024 (20 minute delay) ? |
| MEM (ASX) Chart |
