Don't think it's shorting, rather someone driving the price down so they can purchase quantity. Otherwise buying even 100k of shares would normally push the SP up 50%.
I could be wrong, but definitely the way I'm reading it and not cause for concern.
The big question is at what point will they have enough shares? $1? 90c?
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-89
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Last
74.5¢ |
Change
0.020(2.76%) |
Mkt cap ! $22.59M | |||
| Open | High | Low | Value | Volume |
| 73.8¢ | 75.5¢ | 73.8¢ | $11.87K | 15.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25944 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 9034 | 1 |
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| Last trade - 15.50pm 09/07/2024 (20 minute delay) ? |
| RLT (ASX) Chart |