Ann: Ausgrid Results Announcement , page-9

I agree that there is a 10c floor.

However, I speculate that in large part the floor has been made of speculators who are taking advantage of the high increments 10c - 10.5c - 11c

Whoever has been playing with the stock (in my wild speculation) has worked it, perhaps in conjunction with the capital raising, and certainly since then.

I think now that they have a loop going, buying at 10c and selling at 10.5c or 11c.

I think they have accumulated many shares and there will be a lot of profit taking in the 10.5 - 11c range.

I have no idea how it is going to break that barrier. Seriously, no idea.

It would have to be a new substantial holder IMO