BLT 0.00% 2.6¢ benitec biopharma limited

85K dumped in the last second of the auction for a record weekly...

  1. 5,224 Posts.
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    85K dumped in the last second of the auction for a record weekly low. Buyers queue paper thin with the consistent pattern of line wiping lower taking its toll. Every large order that has appeared has been taken out as part of this pattern. Very disappointed in myself for once again riding this down to another huge loss. Now down nearly 60% after their version of efficacy was reported which is proof that you cannot fool the market. Seanl is correct in saying the company cannot sit on efficacy data for 12 months as the disclosure rules clearly prevent them from doing this.

    Sabby are clearly accumulating but at lower and lower prices through algorithmic trading. They are way down big at this stage but can clearly manipulate the stock at will.

    The IPO is now money raised way above current value.

    What has Murphy's appearance in the forum brought?
 
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Currently unlisted public company.

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