I see a consistent effort to push the price down, usually targeting the close and sometimes opening price. Volume is low so it has been easy to achieve. As an example yesterdays close had us up one pip to 1.2, so in comes the fake bids to look like it will stay at that level, until a few seconds before close (4:10) the bids are pulled to push it back to 1.1c. Then magically, all the sell bids at 1.2c disappear for the night and pop up again in the morning, because they are bull sheet.
This is done to kill sentiment and it is working magnificently well. When the manipulators see LT holders talking like they have been here recently it is like an encouragement to keep going as they are getting the desired response.
As far as the CR goes. Yes timing seems odd, but we never know the plan till after its execution. I cant recall ever seeing a CR that people were happy about, but even if this one seems a bit off, has management done something wrong by us? We had a great run of positive announcements recently that in a different time would have seen the share price jump. This time it didn't. Who's fault is that? Management?
The damage has been done? What damage? The CR? Or the fact that they didn't plant some Medicinal Marijuana to help out the shareholders?
Down Ramping without legitimate reason? So you are happy/looking to lose more money because you believe there is reason too? Sorry, but it just doesn't add up.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.175M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 19647419 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 13493598 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2200000 | 0.006 |
9 | 8299899 | 0.005 |
6 | 3650000 | 0.004 |
3 | 2622888 | 0.003 |
3 | 4000100 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 2536904 | 6 |
0.008 | 3066187 | 5 |
0.009 | 1057001 | 6 |
0.010 | 5904545 | 3 |
0.011 | 500000 | 1 |
Last trade - 16.12pm 03/12/2024 (20 minute delay) ? |
NAE (ASX) Chart |