IFL insignia financial ltd

Ann: IOOF Q1 FY2022 update, page-35

  1. 1,073 Posts.
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    What happens is Mitsubishi new major holder or others , sell into the current share price creating weakness , then usually retail holders (weak hands) SELL.

    They then buy at the lower price rinse and repeat , when they think they have accumulated enough they will reverse all their positions , drive the price up and then sell

    Hence Pump and Dump . This is what it appears to be happening in my opinion. It is not necessarily Mitsubishi doing this although

    they have form , for this type of behavior . The important thing is to remember why you bought in the 1st place and hold hard your shares, they are

    trying to rattle you into selling cheaply. The quicker the sell side drys up the sooner the crooks move on .
 
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Last
$3.63
Change
-0.040(1.09%)
Mkt cap ! $2.434B
Open High Low Value Volume
$3.65 $3.68 $3.57 $4.512M 1.240M

Buyers (Bids)

No. Vol. Price($)
4 19535 $3.62
 

Sellers (Offers)

Price($) Vol. No.
$3.64 3446 1
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