Another theory.
This came to me last night as i was in the shower.
If i was a company looking to fund the projects eg for WKT. Then i'd want to most likely use convertible notes, if i knew the share price was going to hike up in fture. However to really pay my sell off, i'd first try to manipulate the share price lower in order to get more shares for every dollar that i give and stall the agreement process for as long as possible to ensure the weighted average share price drops to something more favourable for me over x number of days, before papers are signed.
Regards,
Taz.
Ann: Quarterly Activities Report, page-81
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Last
10.0¢ |
Change
0.002(2.04%) |
Mkt cap ! $67.12M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $10.44K | 101.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 221354 | 4 |
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