NEN 0.00% 22.0¢ neon capital ltd

It looks to me that one entity is controlling both sides of the...

  1. 13,622 Posts.
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    It looks to me that one entity is controlling both sides of the board - there was visual evidence of this yesterday.

    I'm not sure of their aim - hold the price, distribute, accumulate - but what it needs is a serious buyer to come on board to move things.

    I have a feeling when one entity is controlling stocks like this, other sizable groups stay out of the way for a while.

    Despite the 354 trades today for 3.5m shares (9,9800/trade) the VWAP has remained very stable around 35 - currently 35.2.

 
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Currently unlisted public company.

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