MEM 11.1% 0.8¢ memphasys limited.

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-64

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  1. 1,179 Posts.
    lightbulb Created with Sketch. 160
    Yes something is majorly off here and warrants investigation. A lot of people must have had stop-losses hit today and lost their investments. If there is good news on the horizon and the SP increases off the back of it, then management need to be held accountable for the leak.

    With such a small volume traded, it does not appear that any significant positions have been closed, so perhaps it is manipulation 'gone wrong' ahead of an announcement. Would not be surprising given how small the free float is, could be that the bot trades went a bit overboard before they could be stopped.
 
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