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Wake up, you've been saying someone's playing with the...

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Tradingdreamz88

5,177 Posts.

974

19/08/24

11:12

Post #: 75265965
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Originally posted by Bhan: ↑

The trading of MLS has got to change before the SP does anything, it is very clear that there is someone on the register that does not want the SP to appreciate. Motives may be to accumulate, frustrate, but they have a lot of shares at their disposal at a whim they will add millions of shares to the buy and sell side. I think it may be more important for the company to determine who the shareholder is and what motives they have, ASIC will do nothing as this is all over the corrupt asx, but the company will have access to the register and could determine who is carry out such trades. Long term it makes no difference, short term it offers some top up, with so much news coming and currently well below cash backing, I would be thinking our new CEO may well be getting a little frustrated, as he will need the SP to go up considerably for him to hit some bonus shares, 8c I believe, thats more than 400% from here.

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Wake up, you've been saying someone's playing with the price for years.

ASIC shouldn't look into the trades, they should look into why on earth a company raised and diluted shareholders when they had > $15m cash at their disposal.

What shareholder could ever trust this mob after that pathetic move

MLS Price at posting: 1.9¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 2.4¢		Change 0.000(0.00%)		Mkt cap ! $17.45M

Open	High	Low	Value	Volume
2.4¢	2.5¢	2.4¢	$27.66K	1.117M

Buyers (Bids)

No.	Vol.	Price($)
1	11920	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.5¢	1516245	4

View Market Depth

No.	Vol.	Price($)
1	11920	0.024
1	1000000	0.023
6	944917	0.022
6	2785316	0.021
10	1512055	0.020

Price($)	Vol.	No.
0.025	1516245	4
0.026	747383	5
0.027	66523	3
0.028	62000	1
0.029	250002	1

Last trade - 15.03pm 04/11/2024 (20 minute delay)

MLS (ASX) Chart