The bigger questions here are, who got the shares and why are we trading at 13.5c. The revenue outlook hasn't changed from the time Dom sold nor has the net debt forecasts. Dom sold at 25% discount to where the stock price was trading in the days before the announcement of the sale at 18c. Today we are trading another 25% lower to Dom's sale price and 44% lower than where the shares were a few days prior to the offload. It is suspicous and I think we need the ASX to query price movements.
CM8 Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held