Ann: AGM 2018 Presentation, page-30

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Charterrierist

6,018 Posts.

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05/12/18

18:31

Post #: 36762395
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Originally posted by Minrose ↑

In terms of today's course of sales, I actually have a conspiracy theory.In my opinion it's some people that takes advantage of the whole market panic combining today's "release from escrow" announcement. Though the date to release is a bit far away but it is possible to instill the fears in a few shareholders.

I did some research on the course of sales. The first two transactions amount to 100000 shares changing hands at 10:15 am one of which initiating the price drop is a XT transaction. Then at 10:21 am this guy ( group) put around 120000 shares to bring the price to 0.125.At 10:22 am the market is flooded by another 100000 transactions to effectively eliminate he 0.125 bid. After some futile effort to bring the price up to 0.13,at 1:49 pm someone initiated another XT transactions to bring down to 0.125. It is highly doubtful that the other 58469 volume going through at the same time is stop-loss triggered. The price is persistently brought down by 867 shares at 2:22 pm.The bomb at 3:37 pm was initiated by a 3133 transactions and then 24000 at 0.125 and 8000 effectively brought the price down down to 0.12. Then I am highly suspicious that most of the transactions are stop-loss triggered. What makes me lean on this conspiracy is because if you look at the sellers depth, 575000 shares just for one seller is there all the day. I can only take that as a scary tactic while it is no any use and profitable to put on orders like that. I biased on this conspiracy and try to decipher the transactions as above. I think it is a calculated and efficient tactic to accumulate rather than to exit.

Don't make me wrong, I know I am highly biased.Becuase I can't find any reason to sell at this price at this uplift turn point of this brilliant company.Different deciphering is always welcomed and not a offence at all.

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Thanks for sharing your analysis

867 shares was via CHi-X which is the first in a very long time. Not too sure what the intention is there. 3133 shares was actually a part order of mine - a buy of 4000 of which I filled the 867 leaving the 3133. I made a total of 3 buys today totalling around 40k as previously mentioned

I just find it hard to believe that anyone would be selling at these levels - crazy!

Last edited by Charterrierist: 05/12/18

SE1 Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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