Yep, GXY seems to me to be the culprit, there could have another big holder despairing, but my guess is the former. It's been systematic 'topping the share price"' on every upward impulse.
Below is an example of what is occurring:
Mid October the 'topping off' ceased for a while then December the activity returned. If my memory serves me correctly GXY started to sell on, or a couple of days before the 18 Sept 2019 and paused selling 2 Oct. That leaves the mid Oct events and Dec/Jan periods unexplained, for this we will have wait and see the changes in the shareholdings (SH) of the top twenty SH. to discover whether GXY has undertaken further sales.
Yep, GXY seems to me to be the culprit, there could have another...
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $25.76M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $7.307K | 3.040M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 152 | 192819366 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 106977969 | 57 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LPD (ASX) Chart |