HXG
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9.52% 2.3¢ hexagon energy materials limited

Everything points to an entity wanting a WAP as low as possible...

  1. dhc.mvltd
    1,017 Posts.
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    21/08/18
    20:11
    Post #: 35075336
    Everything points to an entity wanting a WAP as low as possible and hences must have an objective which could benefit from this. Raise at 19.5. Price pushed and held down. 14.5 being a 25% to capital raising, notably price being kept low following several positive ann.'s. Would not be surprised to see a low ball offer at say 30% above WAP?!!! AIMHO - pretty typical for this sort of manipulation on ASX as there are no rules which are policed. IMHO from all my experience.
    HXG Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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