It's quite easy to work out the motive of Rocket is to basically ramp up the price of GRR which incidentally is a very good stock from a dividend perspective.
I gather from GRR he posted making 50,000 dollars in dividend which equates to approximately 2.5 million in shares. The stock hit an all time high in 2021 of 63 cents which based on the current market price he is down by $375k which potentially he could have sold with a substantial profit.
I'm sure if it surpasses this 63 cents you won't be hearing from him again.
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Last
41.0¢ |
Change
-0.005(1.20%) |
Mkt cap ! $498.1M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 40.5¢ | $580.3K | 1.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 156031 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 65000 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
41.3¢ |
Change
-0.005 ( 0.60 %) |
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| Open | High | Low | Volume | ||
| 41.0¢ | 41.5¢ | 40.5¢ | 558237 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| MGX (ASX) Chart |