An insane 62M shares dumped in a single days trade (and an accompanying 20% SP drop).
No one individual holds this many shares.
Maybe, just maybe, ADN have gone to a Broker and said 'organise the CR'. Maybe word has leaked out (via the Brokers?) that the CR trigger is set to be pulled and are one or two individuals are now MASSIVELY short selling.
Sounds fanciful I know...but does anyone remember something similar happening just a few years ago? (An inquiry was set up by the company to get to the bottom of that act but the results were never published).
All just conjecture but if this isn't a massive short selling dump please explain where those 62M shares suddenly appeared from to fall from the sky?
I don't for one split second think anything has leaked from ADN but I do wonder if it has leaked from further down the chain.
IF this is what has happened - and that is an IF - it would be a criminal act.
This 20% erasure of s/holder wealth really does demand an explanation.
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