Just to add some conjecture to your "theory" .
Top 20 s/holders list below and any movements would be interesting to see, but I doubt very much anybody anybody would sell.
Now as for comment that " manipulated down by an investment bank wishing to raise money"..
In order to do that, they first need to own the stock or can short sell it but have a look at https://www.asx.com.au/data/shortsell.txt
you will see some geniuses have short sold an insignificant amount(s) nothing that could SELL down the price like you make out.
I suggest you refrain from making ludicrous statements or at least back them up with facts(unlikely).
This sell down has been "mice" selling 2/3/4/5k share packages, they had a throw at the stumps with $1,000 or $2,000 dollars thinking they will become rich and when the price took a breather, it created the "flock" effect on a downward trajectory. That is all.
They come out to lunch ,walk up to the exchange and low and behold the price is down 5% so they get on the App and presto, push the SELL button. Comsec loves them !
There have been quite a few variables this week in the world.....just don't invent crazy theories/scenarios and try to justify with myths.
Rebound is due any day now.
TOP 20 S/Holders as at 30/06/2023
Name Fully Paid Ordinary Shares Percentage Held
LITHIUM PLUS PTY LTD 36,000,000 32.05%
SUZHOU CATH ENERGY TECHNOLOGIES CO LTD 10,800,000 9.61%
BLUE PEBBLE CAPITAL PTY LTD 6,500,000 5.79%
CITICORP NOMINEES PTY LIMITED 3,452,219 3.08%
JIE GAO 3,333,333 2.97%
MS WEILING YUAN 2,286,668 2.04%
MR XIAOLE ZHOU 2,066,667 1.84%
BNP PARIBAS NOMINEES PTY LTD 1,768,564 1.57%
MARTINI 29 PTY LTD 1,500,000 1.34%
OROGEN INVESTMENTS PTY LIMITED 1,500,000 1.34%
KFT CAPITAL PTY LIMITED 1,200,000 1.07%
EVANS LEAP HOLDINGS PTY LTD 1,100,000 0.98%
CERTANE CT PTY LTD 966,667 0.86% SU SU 800,000 0.71%
JURRAH INVESTMENTS PTY LTD 539,994 0.48%
MR MATTHEW GRAHAM HANSON 523,253 0.47%
RAYNOR CAPITAL PTY LTD 434,454 0.39%
MR PHILIP JOSEPH PARKINS401,046 0.36%
COLBERN FIDUCIARY NOMINEES PTY LTD 400,000 0.36%
WHITEHEAD INVESTMENT PLAN PTY LTD 370,000 0.33%
WARBONT NOMINEES PTY LTD 361,306 0.32%
Total 76,304,171 67.93% Total issued capital 112,340,000 100.00%
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