Hi WCI am with you, but I would say that DNK has been...

Hi WC

I am with you, but I would say that DNK has been manipulated for years.

Whenever DNK achived a milestone and all expected a re-rating, what happened: at best the sp remained, mostly it dropped.

Resp 0,42 AUD: seems to be a barrier! Sp on 19.10.2020 was 0,395 AUD(Vol 205.333). On 20.10.2020 sp was up to 0,425 (Vol 332901), final sp 0,42 AUD, short sales 20.10.: 144.560 shares (43,4%)!

Iam sure that some of the institutional holders are playing a bad game, for what reason ever.

Sometimes I have the feeling that DNK is a test field for manipulation practices.

Look at the JP Morgan buy and sell history:

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02278698-6A995065?access_token=83ff96335c2d45a094df02a206a39ff4

See 12-May-2020 buying (JPM Australia) and selling (JPM UK) for the same price on one day. Same was executed on several days. Does it really make sense? Probably sales volume is all that counts or shifting shares from country to country?

And yes, I do not like short selling. It is not short selling itself, but very often the falling sp is inducing other share holders to sell their holding too.

If all shares would be in strong hands and no „normal“ share holder would sell shares, short selling could not really work.