DFM 0.00% 83.0¢ dongfang modern agriculture holding group limited

My personal opinion is this -> a couple of big sellers still out...

  1. 1,162 Posts.
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    My personal opinion is this -> a couple of big sellers still out there willing to let their shares go at the price they got them ($1). Chairman is also trying to help bring confidence to the stock - why would someone put $7m into something which they thought was fraudulent? they wouldn't.

    So, this is purely a liquidity issue, not many buyers, a few large sellers. the stock WILL be moved around by a few thousand shares.

    I also like that the chairman is selling down - it is increasing the freefloat which is positive.

    Another point is, the new holder (average is at $1.01) - they will most likely buy more if it falls much lower.

    I'm not super happy with how this stock trades, and is one of the strangest ive never seen.

    Please take confidence that someone has put $7m on the line, that the company has once again said they will have a record harvest, and therefore record profit. That the buyer has said they will buy more shares.

    Be strong.

    PB
 
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Currently unlisted public company.

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