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
$2.29 |
Change
-0.060(2.55%) |
Mkt cap ! $432.6M | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.36 | $2.29 | $1.381M | 595.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 32744 | $2.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 2145 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |