JAN 11.8% 28.5¢ janison education group limited

Lot of takeover stuff happening last 6 months..., page-7

  1. 1,075 Posts.
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    Over the last week or so, and certainly today, wealth is certainly being transferred from the impatient. However, it is not yet going to the patient.

    My theory is that the wealth has been going to the shorters. IMO, there is a major shorting exercise going on to drop the share price in advance of an opportunistic takeover bid. A much lower share price makes an opportunistic bid look more attractive. There are always lots of weak hands for the shorters to take advantage of, and small market cap stocks such as Janison can have their share price easily manipulated.

    I actually hope I am wrong, and that the market is simply jumping at shadows. I do not want to lose JAN to a takeover.
 
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Last
28.5¢
Change
0.030(11.8%)
Mkt cap ! $73.62M
Open High Low Value Volume
25.5¢ 28.5¢ 25.5¢ $10.23K 38.99K

Buyers (Bids)

No. Vol. Price($)
1 10000 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 482 1
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Last trade - 15.52pm 05/07/2024 (20 minute delay) ?
JAN (ASX) Chart
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