Ann: Pause in Trading, page-58

"Is this "shorters pushing the price down" or are the shorters there, because the market conditions foresee a decline in price." Exactly, which is what I was trying to point out.

I think that also addresses my comment about opportunists, Chris. I am not sure what Flight Centre has to do with the Cannabis sector, but I understand your reference, and my comments about shorters were just part of a sentence, "Traders, shorters and opportunists sold this down", for which I provided clarification. Was I incorrect, in my assumption?

Here is the data reporting table for shares sold during the period after relisting as indicated by the Shortman list screenshot I provided. There were plenty of people selling at that time; that is for sure. Some making profits, some having to sell, I believe (IG), and some Day Traders who had their money caught up when the stock went into suspension. (known knowledge from phone discussions)




From 1st appearance, it looks like the market did the price pushing and with 64 to 70% shareholdings, I believe, owned by Retailers, (Mum and Dad investors?) you can see why there were large volumes on certain days.

I would presume, from observing markets, that many were just naturally folding, or even perhaps had "Stop losses" engaged which were triggered when the price collapsed (refer to the above chart), "perhaps" precipitating large sell off's/price drops than might have been expected perhaps?

I think the charts are pretty obvious as to whom was doing the selling. I am interested in your comments for discussion whilst we are in a Trading suspension.