SEN 0.00% 1.3¢ senetas corporation limited

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  1. 1,508 Posts.
    My opinion on that is basically because of illiquidity.

    If you were a large potential buyer of sen and you were approached by RL wanting to offload 28M shares at 12cents would you:

    a/ buy all the shares at 12cents

    b/ short sen for all you're worth

    c/ let him sell into an illiquid market and pick them all up under 9cents knowing that plenty of stops will be hit on the way down

    d/ b + c



 
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