1 share for sale at 5.4c to ensure a red close is the work of a...

1 share for sale at 5.4c to ensure a red close is the work of a bot trader.

I suspect that the 1 share bot seller is also the 2 million unit bidder at 4.5c. retail traders can't bid for one unit, and very rarely place $90 000 buy orders.

nah, this is the kind of MNM SP control that LT MNM holders have seen several times before. the strategy is simple, and effective - work the nellies over by driving down the SP, place a large sell order just above the buying level (the single million unit offer @6c this time round) steal the nellies shares as cheap as possible, then force the SP up vertically on the next big ann by buying millions of shares and line wiping the offers, creating a buying frenzy among the day trader crowd.

if it works again here the botters will convert all their recent 5c buys into multi bagger returns when they look to cash out above 15c.

this is the exact play that worked like a charm in
December 2010/January 2011. it also worked in 2008 during the MNM run to 50c.

have the bot brigade got another summer run in mind for MNM?

judging by the dynamics of the MNM buy/sell stack, probably.

DYOR