PNV 0.85% $2.36 polynovo limited

jeez these guys are smart, or crooked ... or alibaba (that's a...

  1. 257 Posts.
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    jeez these guys are smart, or crooked ... or alibaba (that's a joke)
    for a 776,000 share sale they dropped the SP to 2.17
    then they bought back 694,000 off distressed sellers and put the SP back to 2,18
    so for an outlay of 80,000 shares they have dropped the SP 14c (the distressed share sale is still going on)
    why?
    I agree with Kick it, its not the shorts ...
    its the big boys who in a few weeks time will be buying back into poly as an ASX 200 stock
    the last time this happened they paid about 2.22 a share and I have a feeling they will be dammed if they pay a cent more than that this time .. after all it would make them look right real dills if they allowed that to happen...
    so they want a cheaper entry point and they will manipulate the SP to get it ..


 
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