YOW 0.00% 2.5¢ yowie group ltd

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  1. 23,919 Posts.
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    @TDA

    Not having a go at you, but this is a disgrace

    They stated it was to "institutions" which generally implies small to midcap funds at minimum, if not larger that you would expect to be L/T supporters of the company given they provided expansion funding

    What it appears as though a large proportion of the stock went in-house to various brokers and offloaded to "sophisticated investors" who have just continued to feed this into the bid day after day, it is utterly pathetic

    The stock has not had the chance to appreciate at all since the company making and major deal with Walmart, as they coupled it with a 20M share raise at a 17% discount to these grubs. To make it worse, we received Safeway news also and are still lower than that

    All positive news has fallen on deaf ears and these grubs have just continued to smash the stock to realise their profit
 
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