It seems a tricky tactic being used by some big players. If you really wanna sell, you wouldn't place such a large chunk at 9c. Share price dropped sharply from yesterday's high of 10.5c to today's 5s, many stop losses would hit today.
Recently BNPL stocks went crazy like IOU, FFG. FFG is more ridiculous, imo, reached $500m at one point. CI1, at least it's profitable, and paying dividend, PE is around 30.
I am waiting for half year reports to be released next week. If continued high growth, it would be good, imo.
Cheers and have a good weekend!
It seems a tricky tactic being used by some big players. If you...
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