The niavety in here is unreal.
The institutions work hand in glove with each other.
The company needs to raise money, they discuss it with institutions, a coordinated pumping exercise ensues with their media mates and and then they short from the end of the pump.
The floor price has already been agreed some 20-30 percent from the top.
Then the trading halt comes and it lokks like only a small discount.
The retail mugs are suckered in once again with FOMO
The cheap shares institutions have bought at a 30 percent discount are then used as a guaranteed stop loss for further shorting
The niavety in here is unreal.The institutions work hand in...
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Last
$2.98 |
Change
0.085(2.94%) |
Mkt cap ! $3.890B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $3.00 | $2.92 | $29.24M | 9.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 58 | 156570 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 258120 | 76 |
View Market Depth
| Last trade - 15.28pm 10/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |