Mrs Carr has some form. In May 2019 she announced the Beingmate and Chemist Warehouse deal on May 6 and immediately started selling 4m shares for an average of $1.48. Not surprisingly she was being defended for selling by some here. Id say some of those defenders went on to become bag holders and might still be holding the bag.
When the sale was announced to the market on May 14 investors didn't take notice for a few days and then finally the coin dropped. Needless to say the share price has not seen $1.48 ever since. Good trading Mrs Carr!
This year, she announces the Coles deal and starts selling the same day. A pump and dump does not come anymore clinical than that, only fault was that this time she didn't sell out near the top price. Let's see how long it takes for the coin to drop this time.
I short sold today on the open and I think it's headed to at least 90 and possibly as low as 70.
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