mephistophles, nobody give a dime about this company, and nobody bother to manipulate it either.
Pure small, pure illiquid. If you want to buy or sell, it will pay the slippage in full.
If you have 100,000+ shares want to move, you can either do it in one day with a unfavorable price, or siting there for a week to get it cleared.
No manipulation whatsoever!
Well, if you think PMH is traded at discount, it is very normal, because the deal is not sealed yet. Plus some owners will sell to avoid the risk to own shares from a foreign exchange.
You can never sell at the price equivalent to the offering price on ASX. The best you can get is about 5-10% discount when the deal is sealed.
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