BLV 0.00% 1.6¢ blossomvale holdings ltd

possible reason for the large selling, page-23

  1. 5,253 Posts.
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    greedygekko,

    I believe fund managers have been actively playing NMS for months now on a daily basis and Macquarie could be the culprits.

    Because Neptune are seperated into different funds by Macquarie, it could be a way around disclosure. There must have been redemptions at Macquarie though, and i'd expect them to lighten up a bit.

    This should be trading in the 40-60c range at the moment imo.

    Until Lange can get some new institutional support, the share price will remain hostage.
 
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