Another way I could think of that they could be suppressing the SP without alerting anyone is they may have been buying up shares leading up to the announcement using a proxy account. That way they could sell without even making a loss.
Ann: CLA Signs Non-Binding Term Sheet and Subscription Agreement, page-219
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Last
0.9¢ |
Change
-0.003(25.0%) |
Mkt cap ! $23.13M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 0.9¢ | $78.14K | 7.813M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5135107 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1000000 | 2 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| CLA (ASX) Chart |