MAP 0.00% 16.0¢ microba life sciences limited

why the sharp move down?

  1. 4,503 Posts.
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    It seems to amaze me that after all the up moves we have had nothing but sharp down moves since the meeting. I cannot explain it other than to worry that MQG's unlisted funds purchased to keep price way up and greed to favour the vote and then to sell thereafter.

    Would the vote have been the same if the SP was say 2.30. Even I wasn't unhappy the vote was in favour considering that we were now in performance bonus country.

    Seems amazing you can have these falls in a market moving mostly sideways.
 
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