They have actively and daily reduced the price from 14c to 7.5c within a month through their stupid and aggressive taking of the bid price
Why not offer it as a full off market line at a discount ?
Whether they closed the fund or not, they are doing the majority of the damage and keeping this surpressed. It is absolute stupidity and they should have a compliance department to monitor such destruction or shareprices by a single entity in-house
As I said, have been huge games and manipulation to force the price down too. IMO someone or something knows BR is selling and is helping this down at every chance to test how low they will sell - it is actually disgusting we have to tolerate this whilst in limbo waiting for approvals
One good thing, I don't take it as a reflection on the project. BR have been sellers last year of other stocks at 40-50% discounts to cash, once they moved their line the stocks multibagged. The current price is not reflective of the project, more our majors all in blackout and unable to assist and BR selling in the worst form I have ever seen
What an absolutely useless fund manager
CKA Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
