No.
There is an agenda at play - and that is GG wants all the pie.
Especially the easiest to grab - retail holders.
I'd suggest it is a hostile takeover.
It's loud and aggressive.
I saw todays play in another stock - aggressive buying to pump it up ($1.20 today), stop, and slowly sink the price, which is happening right now (currently 3c down on the day from 11c UP!)
There will be another aggressive buy / pump and when that happens, a few more retail will happily take the new high that is set during that.
Creating uncertainty makes a hostile takeover easier.
If SI and other top 20 holders are against a takeover, they need to make it known as GG is setting the rules of the game right now.
Ann: Change in substantial holding, page-49
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$1.02 |
Change
0.015(1.49%) |
Mkt cap ! $1.164B | |||
| Open | High | Low | Value | Volume |
| $1.00 | $1.04 | 94.0¢ | $11.76M | 11.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 206912 | $1.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 37637 | 1 |
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