SHG 0.00% 9.9¢ singular health group ltd

deal maker

  1. 4 Posts.
    GPS001,

    Evidently CMARK, myself and others are correct in our summation that it is the "DEAK MAKER" dumping cut-price shares on market in an effort to hold back the SP, and not "some seller" as you described. Another 900K shares traded again today, and price gone backwards???? Please.......

    It's as obvious as the proverbial boil on ya backside that these sales, which come on as a single seller and in 5 or 10 thousand dollar increments, are created with the express purpose of holding back the SP. Who else would engage in this style of selling other than a party interested in, or currently negotiating a deal to take us out!! If they allow the SP to inflate, they will pay a higher premium for us. ITS NOT ROCKET SCIENCE!

    They are hitting on open & close, lowering our open and close SP.
    every time the SP gets a run on they dump a round number volume of shares ( 10 or 20,000 usually) on the sell at 2 - 5 cents lower than the previous sale. They place enough volume on to counter the buy volumes, keeping the SP from surging forward again. THEY ARE NOT BEING DISCRETE ABOUT IT!!

    Thankfully there are others who have worked this out and attempt to buy up the discounted shares, sometimes boosting their bid well above the previous sale price, only to have further volume added to the discounted offers.

    It's happening every day. How can we have such large volumes traded and the SP not move outside a range of a couple of cents?? THIS BEHAVIOUR IS THE ONLY THING HOLDING THE PRICE BACK AT THIS TIME. If anyone else can shed a different light on the current activity, I invite you to comment.

    Any ASX investigator with an ounce of ability would have no problem in identifying who is behind this trend and the reasons why.

    WE NEED UPGRADE SOONER RATHER THATN LATER TO KNOCK THESE GUYS OUT OF THE PARK AND ALLOW THE SP TO REACH IT'S DESERVED VALUE.

    Bring it on Tony, bring it on!


 
watchlist Created with Sketch. Add SHG (ASX) to my watchlist
(20min delay)
Last
9.9¢
Change
0.000(0.00%)
Mkt cap ! $19.36M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 5500 9.5¢
 

Sellers (Offers)

Price($) Vol. No.
9.9¢ 20170 2
View Market Depth
Last trade - 16.12pm 12/07/2024 (20 minute delay) ?
SHG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.