They make 10 to 15% on the long side then 10 to 15% on the short and they do it monthly.
Rinse repeat.
They also now know when a monster announcement is coming so won't be blindsided.
As holders all one can do is let the game play out till it becomes a real company with guaranteed future earnings.
If they're on the short side expect a few of the usual suspects on here talking gsrbage over the coming week.
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Last
$1.58 |
Change
-0.050(3.08%) |
Mkt cap ! $612.7M | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.62 | $1.55 | $6.054M | 4.061M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 97786 | 4 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| CHN (ASX) Chart |