RE: Share price30 Jun 2023 10:55
If you think about it. It is the MMs job to make money. They will be rubbing their hands at this opportunity to scare people in to selling their shares, and they are more than happy to take them. Then when they drop the price by a large percentage, people pile in at a lower entry point or top up. Basically your buying the shares that the scared sold. If there is no story/rumour then the share stays stagnant.
The company is worth no more and no less than it was yesterday, last week, last month. The assets are the same, it's just MMs playing on the uncertainty of when the finance is going to land.
IMA.