No doubt everyone is aware of the seller of approx 1.8m shares @ 48c.
Is this guy an obvious buyer or what!!
His sell order is clearly priced so high that hes unlikely to get a hit -AND he pulls it every night (no pun intended)- and puts it back up every morning!
This is clear manipulation and an attempt to dampen sentiment - but who does he think hes fooling?
By the way im no believer in the single seller theory - smashing down the price relentlessly - i think its got more to do with a lack of buyers atm due to the company being making no recent ann - rather than a rampant seller (the volume today only amounted to around .3% of issued capital)
the company needs to communicate better (and more regularly, given thats its a new startup and shareholders are often anxious around progress) and announce some major deals around its nexbis business instead of churning old news. then the price will move...............
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entertainment media & telecoms corporation limited
the big seller??
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