GGY 2.41% 8.1¢ glengarry resources limited

this is obvious capping, page-8

  1. 3,298 Posts.
    lightbulb Created with Sketch. 19
    Don't believe there were cappers at 15 cents because both lines of 1million shares at 15 cents were taken out. No effort to remove selling. May be a overseas order or a naive seller who thought they could just load 2 lines of stock in the machine at 15 cents & a sale would take place. Obviously someone with a big holding of stock because 6th biggest shareholders each only own 3 million shares, so lines like that probably coming out of top 20 shareholders list. Looks like a major shareholder has been feeding the market for a few weeks & may finally be losing influence on stock price.
    Regards
    Buffett
 
watchlist Created with Sketch. Add GGY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.