Don't worry about it mate. There would be lots of unhappy people on this board considering what has been transpiring in the last few days. Shouldn't be surprised to see some people being unwilling to help and just shoot from the hip.
RE your question, big fund managers, especially the superfunds, have very strict rules on what type of stocks they can trade. One of those rules would be a minimum MC threshold. The rules are designed to prevent the traders working for them from speculating on ultra high-risk penny stocks like our beloved CLA.
Having said that, they don't completely prevent trainwreck scenarios from happening. I mean, a stock can get to an MC only to retreat from it. One example I've been following is JRV. MC got real high, superfund jumps in with a huge holding, SP tanks 90% in 1 year.
Don't worry about it mate. There would be lots of unhappy people...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.13M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $31.41K | 2.617M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2186711 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 3441700 | 5 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| CLA (ASX) Chart |