Far out its not rocket science. This happens all the time in the small cap space.
Broker XYZ helps company ABC with raising funds/underwriting CR's or some other issue.
Company ABC pays broker XYZ handsomely to facilitate the above.
Broker XYZ then decides to write a report because they want to maintain a strong relationship with the client.
Company ABC did not pay for the report but gets it as a benefit of doing business with the broker/institution.
Said broker/institution is not however going to stake their reputation on creating a report based on hot air so if the company they are appointed by is a dud they simply dont do a report.
chart - next move is coming shortly, page-74
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VYS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.0¢ |
Change
0.035(7.53%) |
Mkt cap ! $258.7M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 51.0¢ | 46.5¢ | $702.9K | 1.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 13965 | 1 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| VYS (ASX) Chart |