Good point to sell Crespo007 9.8c which I also nailed. The robot selling below 6c was quite obscene..they don't need to trade much in a small stock like this to move the price..It was interesting to see that 400,000 unit dummy-buy (I brought to folks attention last week) was finally removed 'just after the price peaked' at 9.9c. It was clearly never intended to actually buy..just herd the sheep to buy up. When they wanted the price to rise they parked it at 7.5 to 8c + . When they thought they'd pumped SP up enough they brought that 400,000 unit buy-parcel down to park at 6.4. At time of writing it is now off the list..perhaps the false-buyer was queried by ASX if the regulators chose to wake up..
I agree with Dingok 7.5c is not a bad starting point for buying back in..it's already off 10% since the pumped-up top post 5.5c algorithmic selling induced bottom.
I will participate in the required CR..unless they only offer it to insto's in which case I'll buy at similar price to them..as the market follows the SP down to that level these days anyway.
Bright future is likely once funded..in the short term looking-out for decent dip to top up
DTZ Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held
