For any new holders here is an example of how down rampers work.
First of all their ego has to be large enough that they think their posts will influence the SP.
Then they go on a series of posts examples below:
A CR will be needed before a rig is sourced
Someone is offloading shares in MMR
Someone is offloading not a good sign
The offload never happens and the SP remains constant closing at 0.004 on the day.
Any fluctuations in the SP should be between 0.003 and 0.004 from now until the time of announcement and then of course depending on that announcement the SP will move either up or down.
I think it is important to call out these posters and even though most of us here know them and their strategies well, I thought it an opportune time to highlight their nefarious behaviours for any who are new to us.
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For any new holders here is an example of how down rampers...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.248M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 9133360 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 19251425 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 9133360 | 0.004 |
15 | 11651601 | 0.003 |
6 | 8550000 | 0.002 |
10 | 30105000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 19251425 | 11 |
0.006 | 6474101 | 3 |
0.007 | 8000000 | 2 |
0.008 | 4000000 | 1 |
0.010 | 320733 | 1 |
Last trade - 16.21pm 30/07/2025 (20 minute delay) ? |
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MMR (ASX) Chart |
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