I think you are both right, my view being big boys hold lots of shares, give some out to shorters for a fee, with expectation of shorted price dropping so insto can then buy more at lower price, believing the price will rocket in future, else why aid a price drop that will drop the value of their own shares unless it didn't matter in the end game? Big boy holdings increased during the drop from 60c to now 9c, and now hold significant proportion of company to influence company future. I could be wrong but IMO only.
I think you are both right, my view being big boys hold lots of...
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Last
5.7¢ |
Change
0.001(1.79%) |
Mkt cap ! $418.9M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.4¢ | $461.9K | 8.347M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1082545 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 603058 | 6 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |