Bit simplistic selfmaderiches? That might partly explain some of the 1,700 trades and how they were churned through in those 5 days, but, with that 1+ million that you mentioned, does it explain the 15 million share turnover and the $40 Million drop in the company's market cap in just 5 days.
There were only around 1.4 million options exercised to raise around $180,000, so I don't think they played such a big part in the massive dump.
And do YOU really think that they would be going to Acuity, as RJ has suggested, or even considering a CR to get extra drills, with their SP now at current levels? Get DH2 done and then do some logical thinking instead of guessing and let's keep the personalities out of it.
Bit simplistic selfmaderiches? That might partly explain some of...
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Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $60.50M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.0¢ | $1.568M | 12.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 457722 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 333333 | 1 |
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| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |
