Over the last 5 weeks the price of FDM has halved, with the exception of two days this has been done by small parcels of shares totaling an average of about $75k per day being sold in often tiny parcels - as small as $500,
this means that just $1.5m of trades changing hands over a one month period has halved the price of shares as a reference point for any immmediate future action. Be this this a CR, a loan, a cash injection by an existing major shareholder or a takeover or a management buyout.
Today the price was up up and down and then in final trade was 4% down. This has been a pattern.
Why are people bailing out of such tiny parcels at these prices? Why do these just not feel like genuine trades? Who stand to benefit from playing games? What is allowed legally and morally?
FDM Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
