The churn isn't the issue? In 15 days the share price tanked 27% from its .10c average all to play into the hands of the sophs and insto's. They will get an easy rise up back to 10c, sell off for a huge profit with no guarantee it will surpass the 10c barrier we were holding at for the best part of 2 months.
All at the same time, DW managed to take up an on market position again knowing that the dump was coming for the insto's to buy in their CR.
I don't care about the fact Sam Lanyon was paid a small amount for his consultancy stuff. What i do care about is an obvious play for the sophs to pick up cheap shares including the CEO at the cost of other holders funds.
New short positions were taken on the 16th as well prior to the CR dump, so whoever bought in, clearly took advantage and shorted for a double dip.
LDX Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
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