WDR 0.00% 14.5¢ western desert resources limited

We have bots buying up at a steady rate yet someone is keeping a...

  1. 5,669 Posts.
    lightbulb Created with Sketch. 718
    We have bots buying up at a steady rate yet someone is keeping a lid on it at 75c. Whenever the 75c line gets down to ~20k on the sell side, someone loads it up with another 100k. It's happened a few times today.

    I've seen many losing punters blame a falling SP on manipulation, and I call it as crazy each time, but this is black and white. Could be a SI that participated in the recent CR is exiting (premature and stupid IMO), or the SP is being suppressed.

    Why exit? Why keep the SP down? Answer to the 2nd question is a change of control. So, I reckon now that we've got our first shipment off, the TO will come back online.
 
watchlist Created with Sketch. Add WDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.