BIG 0.00% $2.22 big un limited

In the 10 minutes BIG traded after the announcement 196,453...

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    In the 10 minutes BIG traded after the announcement 196,453 shares changed hands = $273,202
    and the price dropped 10 cents $1.45 to $1.35 =$19645.30 loss. is that right?
    Why sell?
 
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Currently unlisted public company.

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