Post by
Redwine12345 on Oct 11, 2024 1:54pm
Volume
Just wonderring where this volume is coming from. .5m shares on offer side all the time. someone buy 50k and offere size doesn't change. Someone is keep feeding the offer side. Not much spread between all time low and the current price. 1 cent. Are they intentionaly selling at loss or trying to destroy this company?
Comment by
Starkicker on Oct 11, 2024 9:08pm
Nobody has enough shares of this dog to have any influence in the SP. Largest institutional investor only has 2.9M shares and largest individual holder has just over 2M. I doubt anybody is wasting their time trying to manipulate the SP of a company with the annual revenue of a fourth line left winger.
Comment by
rejaj on Oct 12, 2024 9:51am
"With the annual revenue of a fourth line left winger" is superbly, brutally yet eloquently on point. Rex Murphy couldn't have phrased that any better. Thanks for the chuckle.