Another example was a trouble electrical retail company (DYOR). The SP started moving from 12C (bottom)to 20C in few days even after announcing they were unable to repay the huge debt and making loss? few days later they stopped trading and those bought around 20C (including me) got burnt badly, I later found out that big players managed to push up the SP and dumped all their holding just before the company went bust..
Hopefully, this is not the case.
CNP Price at posting:
7.9¢ Sentiment: None Disclosure: Not Held
