Hello DoBetter, it's been mentioned plenty of times here before. They did not INVEST at 18c in the CR. They used the CR to close out their shorts in one go and at one price. Please go to shortman and look at the HUGE drop in shorts right after the CR.
CRs are used by instos to close their shorts in one go and at one price - without the share price roaring back up. Shortman graph right after CR has everything you need to know
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Last
3.6¢ |
Change
0.001(2.86%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.6¢ | 3.3¢ | $2.279M | 66.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 9349691 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 8435874 | 47 |
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