I spoke w management. They can't respond because the are now at a blackout period for the Hong Kong due listing. So they cant speak to analyst etc.
If you look at the short interest, it rose from 8m since the reporter made the article to 27m today. Is there association between the short seller and the reporter? You can decide. I won't make a comment here. But anyway, Richard chandler wont be able to buy more now as they will reach the 20% threshold where they will have to make a buyout offer, of which if we study RC's part investment, they never want to take majority stake.
The short seller was very smart in which he waited for RC to buy up to nearly 20% so that he knows the major buyer is out of the market. But hold on, there is still capital group!
Anyway, if you want to see the rainbow, we got to endure the rain. Lets be patient.
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $33.86M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $5.809K | 528.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 472358 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 1355428 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 472358 | 0.011 |
6 | 2478592 | 0.010 |
4 | 2848732 | 0.009 |
7 | 1520000 | 0.008 |
3 | 1890600 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1355428 | 2 |
0.013 | 1472500 | 1 |
0.015 | 181052 | 2 |
0.016 | 725000 | 2 |
0.018 | 208503 | 1 |
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