There was only 6 million shares traded under 3.5c in the last 40 minutes of trading, (From 3.30pm onwards) at a value of around $200000.
There was 1 trade of approx 10 million that went through around midday on friday, to try to scare the market. (Selling between 3.6c-3.8c) This had little downward impact.
I believe that the last half hour of trading where the SP went sub 3.5c was from panic sellers, not prepared to hold onto VPG over the weekend, and just in case the expected announcement was not made on time, which could have had the share suspended.
I think the manipulators were hard at it, trying to get their fill at the lowest possible price before the announcement was to be made,(Hence the after market announcement)and before the BIG buying is about to start.........MONDAY.
My opinion only.
Any thoughts?
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There was only 6 million shares traded under 3.5c in the last 40...
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