Spot on Wittpa ! Relatively no volume the last few days which doesn't make good business for Dark Pool Trading. (you refer to them as Algos) This was inevitable and not without some warning signs (low volume & little SP movement). It wouldn't surprize me that most of todays volume was taken up by Dark Poolers. Unfortunately, we'll never know because the ASX allows non-transparent transactions to occur.
My personal thoughts on this is that the Directors of Immuron are getting 'jack' of this SP fluctuation constantly keeping the SP down. It's doing them no favours. Every time we receive an announcement that is positive we see large SP fluctuations like this.
I smell a rat and knowing the people behind IMC won't stand for this much longer.
Its sad to think that we (the SH) are hood-winked by a scheme that the ASX endorses. But remember, where there is Big Money, you'll find corruption! (allegedly)
Shame ! Shame ! Shame!
IMC Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
