29M 3.88% 49.5¢ 29metals limited

Capital Raising Required Shorters Ruthless, page-27

  1. 778 Posts.
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    As per the latest report 93.43% of shares are held by top 20 shareholders. This shows that manipulation or selling by one of the big holder can reduce the share price a lot. As, there are not many retail investors in the market to buy. This will jump back quickly once the bigger holders start buying back.
 
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