hmmm….you think a highly likely 20% return on $5M AKA $1M in a few weeks is hardly worth someone’s effort?
Thats why they buy in the run up to the announcements when punters think there’s possible gains to come and the SP rises towards the release date. The investors sell prior to news. Virtually guaranteed returns. Annualise a 20% return over a matter of days …..not a bad little earn.
In the meantime the BOT crew get a cash hit to keep the lights on in the hall of mirrors which is the typical micro- cap which never takes a product to market.
This story isn’t new … not even to BOT.
Ann: Trading Halt, page-73
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $669.7M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 36.5¢ | $730.3K | 1.961M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 307943 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 137440 | 2 |
View Market Depth
| Last trade - 13.11pm 15/08/2024 (20 minute delay) ? |
| BOT (ASX) Chart |