WCL 0.00% 39.5¢ westside corporation limited

The sell quote at 41c is now over 4mill. Does anyone think that...

  1. 106 Posts.
    The sell quote at 41c is now over 4mill. Does anyone think that LB is trying to push or keep the price down at around the offer price. Notwithstanding, LB acquired most of its holding for 40c or less and they have plenty of shares to play with. This way LB can show the s/h that the offer price is really not far from the sellers mkt. Not a bad ploy......
    Wonder if they are rules and regulations around suitors manipulating the share price to get what they want.
 
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