URL 0.00% 13.5¢ universal resources limited

somebody with a lot of shares dripping them on

  1. 2,541 Posts.
    Interested in poster's thoughts as to what is going on.

    It doesn't look like range trading because it is too narrow and it is going on too long. If it is trading they are making about half a cent on parcels of 100,000 ie: $500 each time one of them goes through both ways less brokerage.

    It looks contrived because as the 15c queue gets eaten up a new parcel of 100,000 or 150,000 appears. Does somebody have a big stock overhang from the recent spike in price?

    Does anybody from amongst the substantial shareholders have anything to say on the matter?

    Reminds me of Chrome Corporation.
 
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Currently unlisted public company.

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