Be laid at the door of those most heavily invested and looking to increase their holdings by selling from one of their entities to another .
It wouldn't be hard to do.
Company A could be selling to Company B and then reverse roles .
Since Companies A &B are controlled by the same beneficial party they are not decreasing their holding but rather ensuring a lid is kept on any upward movement .
It would be a brilliant means of acquiring cheap shares from disillusioned investors .
It does seem strange that with the news flow we've had that there hasn't been so much as a blip in the SP.
Not that I'm complaining .
If you cant beat em join em
Could the reason for this languishing SP
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Last
1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $23.00M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.4¢ | 1.1¢ | $372.3K | 30.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 349999 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1546807 | 3 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| ARV (ASX) Chart |