PGH 0.00% 82.5¢ pact group holdings ltd

Either someone opened the short positions to acquire more shares...

  1. 623 Posts.
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    Either someone opened the short positions to acquire more shares before ex-dividend minus 1 day( end of tomorrow) and people get early profit or some big institutions are dumping it out. If no news from PGH or the bleeding stop by end of tomorrow, I am assuming some one scares the crap out of other investors to play shorten and acquire more share.
    P.s same old technique i saw when it was $3.80 which scared other investors to sell off too.https://hotcopper.com.au/data/attachments/3503/3503262-4d076fb00da17280224c36b291e84c75.jpg



 
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83.0¢ 83.0¢ 82.5¢ $20.28K 24.47K

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No. Vol. Price($)
1 9330 82.5¢
 

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83.0¢ 36107 1
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