I'm sure it will, it's the unwritten agreement that allows those with deep pockets to buy low and sell into a rise to recover some or all of their cash.
Manipulate the price into a range to square away the deal, then let it run and offload half or more onto unsuspecting retail punters that get locked in above fair value in the end.
Every single penny stock I've ever put money into does the same thing. The company management has Hobsons Choice since they need the money and have to go cap in hand for Capital. They're powerless to stop it and have to watch from the sidelines.
Where are the form 604's.........near on 12% of the entire company's script changed hands last week, yet there is no notice of change in substantial holders?
AEE Vanadium $$$, page-127
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $103.8M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $109.5K | 785.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 782608 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 10459 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AEE (ASX) Chart |