LNR 0.00% 0.3¢ lanthanein resources ltd

Ann: Sell Down by Forise Investment Sydney, page-65

  1. 3,650 Posts.
    lightbulb Created with Sketch. 1391
    So by a 'massive selldown today', you were meaning there'd be 3m shares traded and only 4.6m shares lined up in the sell queue from 1.5c and upwards??

    So far there's been no big dump of shares from large holders, just a few retails that got spooked.
    Let's face it though, with such a thinly traded stock with a small buy side queue, this transaction with Forise and the new crowd was never going to result in a quick dump for a quick buck as the liquidity was simply not there in this stock.
    This was clearly a strategic buy for those coming in and a strategic sell for Forise.
 
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