In my opinion, CEO must be investigated:
- CEO came up with a capital raise at 50% discount to the market price, which I personally cannot comprehend, there might be alterior motives.
- APX shares were shorted heavily before the capital raise. I don't think anyone would have the confidence to do that unless they be given a greenlight.
I’m not making any judgments or accusations, but I have my suspicions and I think an investigation is needed for the sake of retail shareholders.
An Imaginary scenario: Imagine CEO in bed with the shorters. Shorters get a greenlight to short the stock from $2 knowing that CEO will soon come up with a shameless 55cent capital raise, which will guarantee them a nice profit of 100million dollars and bring immense pain to the shareholders.
I think the two recent capital raises, and the behavior of the shorters prior to the two raises must be investigated.
IMO
- Forums
- ASX - By Stock
- APX
- Dark hypothesis
Dark hypothesis
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add APX (ASX) to my watchlist
|
|||||
Last
$1.14 |
Change
0.135(13.5%) |
Mkt cap ! $247.5M |
Open | High | Low | Value | Volume |
$1.01 | $1.14 | 99.5¢ | $11.48M | 10.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17501 | $1.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.14 | 12385 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16001 | 1.130 |
4 | 28968 | 1.125 |
6 | 49687 | 1.120 |
5 | 26960 | 1.115 |
6 | 150890 | 1.110 |
Price($) | Vol. | No. |
---|---|---|
1.135 | 12385 | 4 |
1.140 | 40392 | 9 |
1.145 | 66156 | 6 |
1.150 | 157708 | 17 |
1.155 | 34843 | 5 |
Last trade - 14.36pm 05/09/2024 (20 minute delay) ? |
Featured News
APX (ASX) Chart |