Participate in Share Chat. Set up virtual watchlists and portfolios See more trades and share info.
Register for FREE Now
undersold
Posted in: HELD
Posts: 22
The disruptive user is scrolling any positive or neutral sentiment off-screen. If they are doing this deliberately as an attempt to influence the stock price, does this constitute market abuse?
A 12 month lock-up agreement on SPAC shares ended Dec 5th, followed by a trading pause Dec 8th to admit these shares to the market: https://uk.marketscreener.com/quote/stock/HELLENIC-DYNAMICS-PLC-4202033/news/Certain-Ordinary-Shares-of-U-K-Spac-Plc-are-subject-to-a-Lock-Up-Agreement-Ending-on-5-DEC-2023-45497950/ Since that moment, the price has been dictated by large sales at 3 to 3.3p, which knock the prrice back down to 3.3 whenever it lifts over 4p. These are SPAC investors who bought in at 3p a share, making their exit. Outside of these big sales, the price keeps climbing back up. I will only worry if the price rests under 3p, which might make the SPAC shareholders panic sell. In addition, Hellenic Dynamics are not growing flower, this government entity is: https://agres.elgo.gr/institute-plant-breeding-and-genetic-resources https://ipgrb.gr/ It wouldn't surprise me if Hellenic Dynamics have handed the keys to IPGRB, and are as anxious for results as we are. Maybe someone who speaks Greek can look through the grower's websites, or ask for updates? I wish you all a happy and prosperous 2024.
Create a free LSE account to:
Already have an account? Sign In
Don't have an account? Register for FREE