LBT 5.26% 1.8¢ lbt innovations limited

Never thought I would bother to post on something so inane, but...

  1. 13 Posts.
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    Never thought I would bother to post on something so inane, but someone is trying to 'manage' perceptions of the price.

    Around the time you posted Letty711, a large 1,500,00 sell order was placed at 0.88 cents, creating a bloated (and unrealistic) sell side.

    The same seller has been coming and going with his parcel around the $1.00 -1.10 mark for a few weeks now (sometimes splitting his sale into smaller 500,000 lots). Its not like these prices are remotely in the ball park at this stage. Obviously he's not really trying to sell any. Waiting for/keeping his CGT discount for the real showstopper news next year no doubt.

    Lucky him. I wish I had that many LBT shares!

    Its one thing to take advantage of cheap prices, but its another to manipulate at other people's expense. It lacks integrity. Its dishonest. Thats why I am noting it.
 
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