I thimk there are two strategies in place and in patallel by shorts, led by JPM:
One is the classi; cause fluctuation,UP and down, and do the obvious, as most shorts do: borrow at high and sell, then drive the price down and cover short. And yes, JPM et all are doing this on both ASX and Daq.
The other, is simply manipulating and keep ASX:MSB lower than DAQ:MESO, buy on ASX:MSB and sell on DAQ:MESO, all within the same 24 hours.
Amazing how you can make money hen you have money. Not the kind of money me (and you?) have, but the kind of money that can drive the SP of an asx200 in the direction they need.
MSB Price at posting:
$1.67 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)