opportunisticopportunisticSo the last time the SP was at this level was mid September 2017- so nearly 2.5 years ago.
There is small to reasonable amount of volume daily.
CMARK claims that the bigger holders are not selling.
Someone is using algorithms to sell down their position likely at a loss - possible..
Or is someone playing around with the price, possibly accumulating a half decent position? Cant see how that would work exactly.
Or -
Someone has their foot on it / dragging it down for an opportunistic bid for company assets (Mahalo) or the whole company.
I don't know - but I do know that it seems very intentional and I guess managment cant do anything about it. Lets hope at the very least they dont sanction a stupid offer.
Open to anyone elses thoughts or theory....
COI Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)