I agree. Until Lauder is satisfied with his fill, selling pressure (from related party cronies IMO - cough cough capital Group) that will enable Ron to provide "further support" and raise at lower prices can possibly continue.
Although hopefully IC closure takes away potential excuses for this to occur further.
FYI - attached Capital Groups Small Cap World Fund Annual Report for the period ending 30 Sep 2019. Shows their dumping of 29m shares. Realisation of $6.5m in losses yet Net Unrealised Appreciation of 5.5m... smells like faffing about with IRS rules. IMO.
I agree. Until Lauder is satisfied with his fill, selling...
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $139.9M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.0¢ | $22.68K | 171.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 56000 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67504 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
13.0¢ |
Change
-0.005 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 13.5¢ | 13.5¢ | 13.0¢ | 39632 | ||
| Last updated 15.55pm 06/06/2024 ? | |||||
| FLC (ASX) Chart |