HCT 0.00% 2.5¢ holista colltech limited

Ann: Appointment of UK Distributor for Natshield Sanitiser, page-83

  1. 5,291 Posts.
    lightbulb Created with Sketch. 384
    When you guys talk about "endless supply of shares" I want you to realise something. Say there is 200mill shares on issue. Even if someone has 1 million shares, they can turn that over 10 times in 1 day over a 1-2c price range.

    E.g.
    Sell 1million shares at 17.5-18c in broken up parcels.
    Buy 1 million shares at 16.5-17c.

    Rinse and repeat.

    When I intraday trade a particular stock. I might turn over $200k AUD worth of that stock by myself. Now imagine bigger people and multiple people... Doesn't mean anything. Ignore it, wait for the $$ deals and you will see what the SP will do.
 
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