Pure speculation here but I wonder if the price weakness over the last two days is a result of the something not yet mentioned on here. Many of the directors and major shareholders of Longtable Group are also heavily involved in Tasfoods (ASX:TFL). TFL as of yesterday morning (19 Dec) has been in a trading halt pending an annoucement about a capital raising. It might be possible that there is therefore a small amount of repositioning going on here so that those involved have funds available for the impending TFL capital raising as well? It may just be a coindence that these two events seem to have correlated perfectly.
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Open | High | Low | Value | Volume |
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4 | 43246 | 0.070 |
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0.073 | 98382 | 1 |
0.074 | 44391 | 2 |
0.075 | 1600 | 1 |
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