Yes that's possible but highly unlikely , whoever is selling won't be the type of entity that are stuck for money , so trying to suppress the share price by selling an existing holding down and buying back cheaper seems like a lot of effort for minimal gain , I can't see them going to the bother but who knows.
It would simply be easier to buy on market and pump it and then everyone would jump on , then dump , something that happens quite a bit on the ASX .
Yes that's possible but highly unlikely , whoever is selling...
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $11.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $17.66K | 1.291M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1955042 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 191985 | 1 |
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| Last trade - 11.33am 02/08/2024 (20 minute delay) ? |
| MGU (ASX) Chart |