RE: Been thinking31 Mar 2026 13:40
ATG possibly got to the bottom of it cph2 sold their holding in Atome during 2024
8 Investments held at fair value through other comprehensive income
The Company previously held 1,412,429 ordinary Β£0.02 shares in ATOME plc which were sold during 2024. The fair value at the comparative period balance sheet date was measured using the quoted price on the AIM market at that date (a level 1 input using the price from an active market).
see interims https://www.lse.co.uk/rns/interim-results-qlx4ycm6kqyrcr9.html
This kept the price down at circa 60p so they took quite a hit just for cash reasons it seems...then last years Trump liberation day market mayhem last spring took Atome down artificially with everyone else...during this time insiders having been loading up to significant levels and probably owe them 60-70p from my research some more than that...anyway here's a run down on the pegging back potential
An entity might be pegging back, or suppressing, a share price to manipulate the market for financial gain, with the most common motivation being to buy shares at a lower price before an expected increase. This type of artificial suppression is achieved by controlling supply and demand, often in the, now, "darker" sectors of the market.
Medium
Medium
+1
Here are the primary reasons why an entity (such as a market maker, large institution, or corporate insider) might suppress a share price:
Acquisition/Accumulation at Lower Costs: Manipulators use "poop and scoop" techniques to drive a stock price down, allowing them to accumulate a large position cheaply. By creating a false appearance of selling pressure, they compel retail investors to panic-sell, enabling the manipulators to buy those shares without driving the price up.
Preventing Options Pay-outs: Market makers (MMs) may suppress a stock price to prevent it from rising above a certain strike price on options expiration dates, particularly when they hold large short positions and want to avoid paying out on options.
"Shaking Out" Shareholders: Through sideways price action (horizontal range consolidation) or sharp downward movements ("suppressive wash sales"), manipulators exploit investor impatience, forcing them to sell their holdings and "wash out" floating shares before a potential rise.
Facilitating Corporate Actions: A company might cooperate with traders to keep a share price low temporarily to make a future share buyback or executive stock options acquisition cheaper.