ECT 0.00% 0.2¢ environmental clean technologies limited.

We saw manipulated share price action surrounding, and...

  1. 5,184 Posts.
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    We saw manipulated share price action surrounding, and particularly prior, to every 3B.
    I had speculated at the last dip into 0.8 cent, when price was pushed down from 1 cent, that this had to do with acquiring options to increase exposure.

    The options trading has been outpacing the trading of the heads ever since the 3Bs have ceased.


    The options now can be purchased at 0.2 cent and it appears to me that someone has a vested interest to keep accumulating those options as long as possible.
    In order to do so, the share price needs to be remain at 0.8 cent, indicating to the market that the options are so far out of the money that they can be cheaply purchased.



    Whether this action is related to traders who take a punt or otherwise, probably impossible to tell, but it illustrates to me what I have been mentioning numerous times in the past, that the options will be well in the money if ALDP announces by end of the year.


 
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