Another factor in proving how tightly held the Clinuvel register...

Another factor in proving how tightly held the Clinuvel register is, is the fake liquidity introduced by short selling. Some 3 Million fake shares, when there are only about 49 million shares on issue is extraordinary and it's quite remarkable the company does little to protect shareholder interests in this regard. Constant daily manipulations for nearly 4 years now is getting a bit much and a share buyback would go a long way to restoring a more realistic valuation. Back and forth churn trades create a lot of the daily volume and combined with the introduction of 3 Million fake Sell shares or fake liquidity to the market over just a few years proves indeed how tightly held this company is. The comparison between the 2021 and 2022 register figures also show how impactful short selling is; there was a large share price fall while hundreds of new shareholders joined the CUV register while the large holders largely remained unchanged. Who would be selling shares with the aim to drop the share price when most investors like to achieve the best possible price when selling? As Elon Musk says about short selling it is “evil” and “should be made illegal,” Musk declared, calling it a way for “bad people on Wall Street to steal money from small investors.” A share buyback works in the opposite way by removing some liquidity from the register and signalling it's not a good place for hedge funds to play their games anymore. Imagine what 10 - 20K real buys on the CUV register every day, day after day would do and it would only take $20-30 Million (about 20% of cash holdings) to buyback 1 Million real shares and provide a lasting impact on the price as EPS is increased permanently.

All IMO DYOR