I think you've covered off the potential scenarios.. Interesting to think about at least, until their 'plan' unfolds. I hadn't considered voting power, although I wouldn't have thought someone would use this approach for that but who knows.
The only strong impression I get is that they must be seriously confident of something, be it good or bad news/outcome. I can't imagine they're looking to manipulate the SP based on their own momentum of buying/selling, like you mentioned about forces driving the SP back so that'd probably be wasteful.
I mean, who would keep borrowing and paying interest on so many shares unless they were 99% sure of an outcome?
I think you've covered off the potential scenarios.. Interesting...
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Last
8.4¢ |
Change
0.003(3.70%) |
Mkt cap ! $84.89M | |||
| Open | High | Low | Value | Volume |
| 8.1¢ | 8.7¢ | 7.8¢ | $292.2K | 3.510M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 144690 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 49999 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
7.9¢ |
Change
0.003 ( 0.50 %) |
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| Open | High | Low | Volume | ||
| 8.1¢ | 8.7¢ | 7.8¢ | 2541017 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| TTT (ASX) Chart |