Hi Moosey,Does your enter key not work mate ?Its possible there...

Hi Moosey,

Does your enter key not work mate ?

Its possible there is tree shaking going on. They usually do this by dumping a few million shares onto the buy queue to see if they are get the price to drop a pip or two and trigger stop losses. In this case they would have to sell $6k of stock @0.008 and only $1 worth of stock @ 0.007 to achieve this then the stop losses do the rest. Its possible that they have tried this a couple of times to test the stops and found that it didn't cause the panic in MST holders that they thought it would. Many MST holders are in it to the bitter end I reckon.

If the triggering of stop losses didn't work then you may be right that they might find try and pick up a few million shares per day at 0.009 from sellers who were happy to get 90% of the rights issue price back and sit on the options.

More likely they are pushing trades dummy through at 0.009 hoping that some sellers will see the price rising and pull their sell orders hoping for a bigger return. I think they are trying to help the price rise without any capital outlay.