Also to be fair, there has only buying in last 3 years was when they have taken advantage of capital raise opportunities to buy at massive discounts to market. Why buy n market when you know the cashflow and you know there is a CR just around the corner.
They effectively have no choice in those CRs but to buy as you CANNOT raise funds in this microcap space if the management/directors are not buying into the CR. It is the first question that is asked by high networths and funds when you ask them for money during a CR.
So they do not believe the company is good value here or they know another CR is coming. Those are the only 2 conclusions I can make from their lack of buying on market at these prices.
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Also to be fair, there has only buying in last 3 years was when...
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $23.13M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.7¢ | $13.20K | 747.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 776749 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 238095 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2173 | 0.082 |
1 | 888 | 0.076 |
1 | 28682 | 0.070 |
1 | 5000 | 0.065 |
1 | 100000 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 32748 | 1 |
0.084 | 58888 | 1 |
0.087 | 28000 | 1 |
0.089 | 50000 | 1 |
0.090 | 89000 | 2 |
Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
LBT (ASX) Chart |
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