This was all played by Gina and the hedgefunds. Its easy for her to provide the funding but I expect she wont. She has done the deal with the hedgefunds that ensured she could get her fill sub $3. Now the shorters have to get out and they same funds provide this at a lower price to they get the shorts out and money is made. Down we go in the short and medium turn. Gina is not concerned as she has the % and influence she needed and is here for the long term. The holders that sold at $3 have an opportunity to piggy back the hedge fund and buy back in.
The wonderful world that the regulators are in is that it appears to be all allowed.....Manipulation... yeah right.
Opening price, page-35
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Last
89.0¢ |
Change
-0.015(1.66%) |
Mkt cap ! $2.157B | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 91.5¢ | 88.0¢ | $13.19M | 14.74M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 92112 | 89.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.5¢ | 90000 | 3 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |