This situation raises serious concerns and warrants immediate scrutiny by ASIC and ASX. One of the company’s longest-term investors has suddenly offloaded almost their entire holding in a single day. No disclosure has been made regarding who has acquired more than 5% of the issued shares. Just two days later, the company issued a two-month guidance—something it has never done before—which resulted in a dramatic 30% price drop.It’s hard not to see this as potential market manipulation by the company or institutional investors. What other think?
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Last
30.5¢ |
Change
0.005(1.67%) |
Mkt cap ! $118.1M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.0¢ | 29.5¢ | $640.7K | 2.105M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 144785 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 488953 | 26 |
View Market Depth
| Last trade - 13.02pm 24/06/2025 (20 minute delay) ? |
| CTT (ASX) Chart |