Can you substantiate your claim that it is “Asimwe’s mates” that have caused the demise of the shareprice? Evidence please.
Had you done your research you would have noted that who you call “mates”( I call LIN supporters ) have actually increased their holdings over the past year. Many subscribing to capital raisings at much higher prices than today.
Looking at daily trading activities/patterns it appears that Day traders, computer programs, shorting etc are the culprits. Lack of big demand for the stock is not offsetting manipulation. Failure of large institutions has not helped the cause.
You know that you can join the mates club and buy at these low levels?
October trades, page-23
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $126.8M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 11.0¢ | $24.16K | 219.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43591 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 70000 | 2 |
View Market Depth
| Last trade - 10.49am 19/07/2024 (20 minute delay) ? |
| LIN (ASX) Chart |