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
32.5¢ |
Change
0.025(8.33%) |
Mkt cap ! $123.9M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 33.0¢ | 30.0¢ | $5.842M | 18.07M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 95655 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 235196 | 13 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| CTT (ASX) Chart |