I believe it is a case of some large operator shorting the stock and planting rumours to help with the price crash. They short the stock at $2.4, create the rumour and make the stock crash to $1.7 and then buy and square their short position. Without really committing any money, they pocket 30%! The larger the operator, the easier it is for them to create this panic. Unfortunately, retail investors bear the brunt! I see nothing in the press release which affects SSM adversely! But who knows, in these times of window dressing, the company may not have declared everything!
I believe it is a case of some large operator shorting the stock...
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Last
$1.91 |
Change
0.010(0.53%) |
Mkt cap ! $1.176B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.91 | $1.89 | $2.632M | 1.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15504 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 63558 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| SSM (ASX) Chart |