I think that you may misunderstand the way in which brokers approach these situations, and have a right to approach these situations.
If someone has a strategic stake to sell, they have a right to seek out a buyer. It happens everyday in lots of stocks.
If a broker wants to sell a lump of stock from a range of holders, all they have to do is say to stockholders is 'if I can sell your stock for 50 cents or more, will you sell.' Nothing sinister in that is there?
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Last
9.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.991M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
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No. | Vol. | Price($) |
---|---|---|
1 | 11111 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 12500 | 1 |
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