The share price is being manipulated by the group that has the Short position on it.
According to Shortman a new short position of approx 650,000 shares is in play as of 28th June.
Try not to jump to conspiracy theories, just look at the obvious first.
I don't think Cannacord are doing the shorts but one of the institutions in the placement might be. Anyone get a list of the placement to view likely candidates?
The share price is being manipulated by the group that has the...
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Last
51.0¢ |
Change
-0.010(1.92%) |
Mkt cap ! $57.12M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 54.0¢ | 51.0¢ | $64.59K | 123.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29834 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 94932 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
51.5¢ |
Change
-0.010 ( 0.98 %) |
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| Open | High | Low | Volume | ||
| 53.0¢ | 54.0¢ | 51.5¢ | 38840 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| LEL (ASX) Chart |