Can this scenario happen?
Companies during the rebalancing purchase large quantaties of shares at a higher price.
They then short them.
They have to replace those share inevitably.
When they replace them they go direct to the company or broker and buy them back in bulk through a capital raise cheaper. Then transfering them back.
Hense why maybe SB has sold out most, knowing the scenario.
Is it all rigged from these big boys?
Banter and general comments, page-11785
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11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $2.199M | 20.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 1191050 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 4001381 | 75 |
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