Here I am predicting the mufo or mofo group will be lodging a notice of substantial holdings today (21/2/24) or tomorrow , and followed with a cessation of substantial holding notice a day or two later.
My suspicion is that it has to do with short selling, by borrowing >5% initially, and then after the short selling exercise (& going below 5%), lodge the cessation notice thereafter. Watch the share price that is playing out today to confirm that.
Please do your own research, as I am just speculating .
Here I am predicting the mufo or mofo group will be lodging a...
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Last
$2.38 |
Change
0.160(7.21%) |
Mkt cap ! $451.9M | |||
| Open | High | Low | Value | Volume |
| $2.25 | $2.38 | $2.19 | $1.896M | 828.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1096 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 105071 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WBT (ASX) Chart |