SYN 0.00% 0.1¢ synergia energy ltd

going down

  1. 1,206 Posts.
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    When the share purchase plan was announced,I heard a whisper that someone would try and keep the sp low.That appears to be what happened and the share purchase plan was not as successful as it may otherwise have been.
    It seems that someone is still pushing the sp down as is evidenced by the 4 rediculously low trades this morning which total the grand sum of $2642 and which have pushed the share price down by a massive 18%.
    Included in the 4 trades were 2 cross trades to the value of $151 and $600.
    Why would any one do a cross trade for that value knowing it would push the price down?
 
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Currently unlisted public company.

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