CAN ANYONE ELSE SEE WHAT IS HAPPENING HERE?
This newly established PRIVATE HUB has had for sale listings with first offers which started at .25c (previous close price on ASX) then at .24c (Gary Morgan bought approximately 12,000 in small un marketable parcels), .23c and today at .22c but..........
there is only one buyer at .12c.
Why? Well there are two probables. One because that entity is an institutional or professional buyer (as per requirement on Primary Markets site) and is trying for a cheap thrill
or
because to be a buyer, firstly, one needs to know of the PRIVATE HUB and secondly they need to qualify (again, see requirements on Primary Markets site)
RETAIL INVESTORS......Ma and Pa Kettle, the backbone of stock trading, are excluded and cannot be buyers which in my humble opinion, means there will only ever be the Professionals bauying at give away prices.
Someone tell me if I'm wrong, please
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