Some 73 million new shares were issued in Dec 2022. Whereas many of these shares ended up with Top 20 holders many would have ended up in the hands of Professional Traders... not friendly hands.
In my opinion that’s where the company stuffed up.....not knowing the credentials of those eager investors.
How many shares the Professional Traders hold is the unknown. However what we do know is that they are creating chaos for long term shareholders. They are in control and will continue to exercise control until Institutions and Fund Managers take them out.
In the meantime we need to learn “how to suffer” the regular manipulation and focus on the long term horizon. It’s a bloody shame that we are faced with this crap. Negative posts from novices and expert down rampers do not help the situation.
Let’s focus on the positives.
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