DLM 0.00% 3.2¢ dominion minerals limited

for what purpose?

  1. 2,243 Posts.
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    It would appear that for some time there has been a concerted effort to suppress the share price, with Bot trading etc. Presumably, it would not be our existing institutional investors - that wouldn't make much sense. So, whose interests are served by keeping a lid on the SP?

    The only thing that makes sense (to me at least) is that it is someone who wants (or has been seeking) to take a large stake in the company.

    From a psychological perspective, they would be well aware that the closer to read-out, the more nervous smaller holders are likely to be. This may especially be so if they have staked out a higher position than they would ordinarily with a view to selling out a portion pre- read-out to reduce their overall risk.

    Any thoughts?
 
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