WIC westoz investment company limited

Manipulation

  1. 3,451 Posts.
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    Yesterday WIC's share price was pushed down to 95c (several cents) at the close on a small number of shares . Maybe it's done to improve the discount to NTA given that is monthend.

    Today I noticed that there was a buy for 35,000 shares at .955 so I put in a sell at .97 just to see what happens. ( lowest sell price)

    The computer system immediately deleted the buy at .955. I then deleted my sell at .97c then there system automatically reinstated the buy at .955.
    I reinstated my sell at .97c and guess what the buys at .955c disappeared again.
    I deleted my sell at .97c and then there buys for .955 were reinstated.

    I am buggered if I know what they are trying to accomplish on such a small stock. Can anyone shed light on this ?

 
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Currently unlisted public company.

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