AKE 0.00% $9.83 allkem limited

Ann: Olaroz Lithium Facility Operations Update, page-23

  1. 39 Posts.
    Hotfire
    Thanks for your response. To me I feel that this type of share price movement is not normal. I get the impression that for some years this share has been subject to a combination of manipulation and shorting.
    Every day there are loads of miniscule transactions and cross trades which the likes of us cannot compete with. I have been watching the shorts very closely and they average out at around 15% of each days transactions. In your opinion is this excessive? The pattern is similar every day and the result is a relentless slide downwards until either it reaches a level that is too oversold and therefore a substantial number of buyers step in, or we get some good news which stimulates buying interest. Am I getting too paranoid or do you agree to some extent that there is some truth in my ramblings?
 
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