your calculation is completely correct. Generally, worthy stock...

your calculation is completely correct. Generally, worthy stock is under control of big brokers and always retailers and weak holders are being pointed by big boys capping.

for example in $IRC, ORD has accumulated 13M since last year in average of 18c, however, she tends to sell shares under buy price on 6th of month to force $EGS and retailers to dump their shares around 14c (where 1.3M shares sit in 14 c on 6th of month). This shows how Mkt can be controlled under brokers.

Personally, I believe that $EGS is not hurry to sell $IRC shares and Hartleys as her broker wouldn't sell any shares under 16.5c.