IMU 1.19% 8.5¢ imugene limited

Ann: Trading Halt, page-415

  1. 696 Posts.
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    I don't want to put any negative spin on this, but I will say please be on guard for the insto's acting in tandem to accumulate as much and as cheap as possible. They can do this by both buying and selling to each other large numbers of shares, all around the 30c mark. If the share price rises to 35c one will place large buy at 30c and the other will oblige. Next time the buyer and seller may swap. They will be happy because it will be worked that they always buy more than they sell, and it will always be at the right price. Meanwhile we retail holders fade off into the sunset. At least we have a base, I suppose.

    GLTALTH
 
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