LNC 0.00% 99.5¢ linc energy ltd

ready to run (away), page-30

  1. 2,333 Posts.
    Opened today at 54c and hit intraday low of 46c on unusually heavy volume to be down 15% (from open)

    Suspicious trades:

    1:51:23 pm 387,773 shares dumped in single trade to push price below 50c

    2:08:15 pm another 210,668 shares dumped in single trade.

    2:11:24 pm another 195,358 shares dumped in single trade.

    In only 20 minutes between 1:51:23 and 2:11:24 a total of 1,216,604 shares were dumped which was approximately 35% of the entire days trading at that point (3,355,657 shares).

    Highly suspicious for an ASX:200 listed company, especially considering the quarterly report is due tomorrow.


 
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Currently unlisted public company.

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