TAP 0.00% 7.8¢ tap oil limited

Looks like Risco, as the only buyer, is totally controlling the...

  1. 1,900 Posts.
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    Looks like Risco, as the only buyer, is totally controlling the market !

    Whilst they were buying anything available at 34c before the Quarterly, they then placed a 1 million 'capper' sell order at 34c and then moved the 'buy' quote to 31c. As some punters sold into this, they then move the buy order down to 29c.

    The falling markets and oil price also conspiring to play into their hands.

    Expect an updated Substantial Shareholder notice soon.
 
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