RLT 0.00% 81.5¢ renergen limited

Ann: Preliminary Final Report, page-106

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  1. 4,672 Posts.
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    Looks like you can by them back at the same price as your stop loss!

    Can anyone please explain why an accumulator goes to the trouble to knock down the SP to trigger a stop loss and then sells shares at the same price after all that effort?
    Something does not add up here @Recruiter10 has a point about a CR and getting cheap shares. I have had that before, when a deal has already been struck regarding a CR and involves a dollar value worth of shares, the entity receiving the shares will spend $10's of thousands in losses selling cheap to be able to score $100's of thousands in benefit by getting paid in shares at a lower SP.

 
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81.5¢
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Mkt cap ! $24.71M
Open High Low Value Volume
82.5¢ 83.0¢ 81.5¢ $4.644K 5.615K

Buyers (Bids)

No. Vol. Price($)
1 1056 81.5¢
 

Sellers (Offers)

Price($) Vol. No.
83.5¢ 45916 1
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