I think it has something to do with $600,000 intended to be changed into 24 million shares at 2.5 cents per share subject to shareholders aproval! Perhaps too many shareholders would not aprove the deal if the shares would rise now already to 10 cents, as the profit margin would obviously be just massive!
If the SP rises to 10 or 20 cents after aproval at the AGM in November the cat is out of the bag and one just has to accept the fact that there are always guys who know how to play the (dirty) game with the right money at the right time at the right place and where to place the screws. After Gus that is the last thing we need!
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $129.4M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.0¢ | $25.24K | 161.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 25102 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 70000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.040 |
1 | 23529 | 0.034 |
1 | 63140 | 0.033 |
1 | 25000 | 0.024 |
1 | 60000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 20000 | 1 |
0.045 | 93965 | 2 |
0.048 | 100000 | 1 |
0.049 | 225000 | 1 |
0.050 | 87172 | 3 |
Last trade - 13.14pm 03/12/2024 (20 minute delay) ? |
OIL (ASX) Chart |