lets think the almost unthinkable....Underwriters to option conversion have a very heavy obligation and surely have done a little more due dillegence than most of us here. They MAY have had access to a little more insight (sic) than the average investor.
Is it possible that they are happy/holding down the price to get a maximum shortfall.
There has to be many more gold drill results in the pipeline....yet many traders are dropping stock well below conversion price..frightened I guess.
Well its happened before that post conversion date magic results are announced and major winners are underwriters. Ant a tighter share register ..KRC needs this.
I hope ASX are monitoring share movements to stop any manipulation which will become more important as we approach conversion date.
mmmm!!!
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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17 | 5298851 | 0.009 |
6 | 27035804 | 0.008 |
5 | 5799516 | 0.007 |
6 | 5400808 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 140000 | 7 |
0.012 | 3345562 | 7 |
0.013 | 1507937 | 8 |
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