Did you not call Spid clueless and I simply replied to you in kind ? I agree, debate the facts - not the man.
It is clearly evident you do not understand the markets. You only need to confer with your good friend @semi retired whom has touted on these threads that they have been buying via their BNP Paribas accounts. Plus if you are unable to see the obviousness of the distribution taking place…well, not much more I could say to help you really.
BMCG are in the business of lending then being provided with discounted shares - which they need to sell in order to profitise. Risk is “the why” they do not hold their shares. There is no need to wait for perceived “higher” prices. Their margin is already well set with being placed at 9.4c. Now all they need to do is drip the market up and down for an eternity until their shares are exhausted. Reducing their risk and taking their profits. I have never seen a CN “stay” in a company waiting for “forward looking profits”. They always exit …. Pretty sure your own directors said at recent meetings - that they are looking forward to seeing the back of BMCG.
Take it easy @Stirer …
BMCG, page-57
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $80.55M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $20.27K | 176.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 4 | 71650 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 12.0¢ | 154906 | 5 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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11.5¢ |
Change
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| Open | High | Low | Volume | ||
| 11.5¢ | 11.5¢ | 11.5¢ | 5233 | ||
| Last updated 14.48pm 14/06/2024 ? | |||||
| WKT (ASX) Chart |