So it is the Phantom manipulator Lol! Let me tell you that it is the modern day way the market works with the tools available. It is brokers and a few tech savvy individuals taking advantage of a very weak buy side because of the lack of Institutional buyers and corporate on market activity. We witness this every day on hundreds of stocks that lack institutional and corporate buying and thus get the same old cry baby stuff about manipulation. If there is institutional and corporate buying then the Bots & Algo's (manipulators) get blown out of the water and smashed thus the SP rises significantly. A study of the course of trades tells us that the majority of trading is by small retail individual investors and brokers accumulating for their retail investors. Like many of our biotech ASX listed companies CYP to date has lacked on marketinstitutional and corporate buying. Just my personal take on the situation having been a trader/investor on the ASX since 1985. Average trade today so far is 1126 shares.
CYP Price at posting:
$1.63 Sentiment: Hold Disclosure: Held
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