CHZ 0.00% 10.5¢ chesser resources limited

Ann: Becoming a substantial holder, page-15

  1. 1,563 Posts.
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    Silvercorp now owns about 5%+ of CHZ.

    Do you think it is likely that, close to 4pm on many trading days, Silvercorp has dumped large numbers of shares into the Buy orders- to wipe out a Line or two of Buyers?
    This would lower the SP, causing more owners to want to sell/activating Stop Losses etc for TA traders. Silvercorp, therefore, can buy many more CHZ shares, at much cheaper prices.
    Last edited by Montalbano: 06/10/21
 
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Currently unlisted public company.

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