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.
- Forums
- ASX - By Stock
- possible reason for the large selling
greedygekko,I believe fund managers have been actively playing...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)