I agree. Pretty shabby treatment of the shareholders IMO.
I was watching the market action today. Quite a few shares have changed hands, about million and a quarter. A lot more than recent daily volumes.
Towards the end of the day some quite large parcels (100,000 shares, 70,000 shares) went for 15c. Then, almost immediately, a tiny parcel changed hands at 14.5c,usually about $50 worth. This happened several times and also after close of trading in the aftermarket. It resembled a game of ping pong, 450 shares from A to B, then latter 450 shares from B to A (maybe?).
Someone is trying to keep SP at 15 or bellow, any suggestion who could that be and why?
CBD Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held