Not sure if anyone else has also watched the last 15 minutes of trade yesterday: in the span of merely 15 minutes, ~14+ million shares were purchased at 0.016 in the ASX (~$234k) and ~10 million shares were purchased at 0.016 in the Chi-X (~$150k).
Although I am only speculating and have no evidence to support broker buying, but I still find it hard to believe that this level of buying was done by retailer(s).
Any thoughts from anyone watching yesterday's actions?
GMC Price at posting:
1.6¢ Sentiment: None Disclosure: Held