NGI 3.10% $1.72 navigator global investments limited

what to make of this stock, page-3

  1. 19,592 Posts.
    lightbulb Created with Sketch. 272

    got me stumped, no substantial notices.

    This stock can't be shorted, yet it is behaving like it is.

    Automated bot trades dumping 401 shares at a time on 10 cents. Suggests a broker churning the stock for 1 cent gains.

    Sell depth looks tragic, yet no one has been panicked into selling into 10 cents.

    Our regulators the ASX are investigating but due to privacy reasons can't reveal what the outcome is/was. Not that i really hoped that they would de anything. But i will keep on their case and send them a cut and paste of the trading activity.

    HFA management are as puzzled, but they are not buying shares suggests they know a little more than what they are revealing.

    For current holders suggest you contact Mr Spencer Young and ask why management are not buying their own stock at these levels.

 
watchlist Created with Sketch. Add NGI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.