Asx is the easiest playground for sp manipulators wtih purpose of increasing their holdings. Talk about LTM I am LTM holder for long time. The SP is the worst in all asx Li company whilst it is producing and profitable. Why? Because it is again being suppressed with PE is just 1 so that it is easier to be taken.. i have been long enough in ASX to see this happened again again and again. For biotech look at PNV my other investment. Last year ALL good news were nothing they the beots brought it down to 80 cent from above $3..
i just want to point it again 'daily monthly SP' in medium to small asx company are controlled by big instos and potential future owner for TO. This is the fact we retail investors must accept and be patient. Look at the stories in asx lot of them. Look at the trade of 1 to 4 shares why they can occur every day. It is mad right? Why the hell exist? To make us retail frustrated...that is the goal...
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