Another day of blatant manipulation of TNT's share price, involving a late morning dump. If you don't believe me, just have a look at today's "course of sales". There were three cases of big sell orders aimed at smashing through the buy walls. At 11.21.57 am (19c), 11.33.15 am (19c), and again at 12.46.19 pm (18.5c). Several hundred thousand shares per dump, presumably single orders. But it looked like a big buy wall of ~2.5 million was established early afternoon, so keeping the SP around 18.5-19c. Would be very interesting to know who's behind this.
All IMHO, DYOR
TNT Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held