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09:18
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Originally posted by What A Gas
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I agree Chris, the SP is being managed at this level. It has been for the five months post consolidation (perhaps there is a clue in that). I am in no doubt that it is being managed (propped) UP. Of late, at least, there is no way it is being accumulated. The buy side is as weak as it could get. Yesterday only 18 buyers on the ASX screen for a handful of shares, and that for a company that has the potential to do a significant deal that will progress its Trofinetide to Phase 3 and possibly much, much more beyond. This is unreal!
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Today will be a good test of my theory as outlined above. On current indications it will be difficult to maintain the $3 level, or anything close.
(20min delay)