RE: 500k18 May 2022 18:38
The infamous market makers is the reason Ad-mel
If us bunch of clowns on here know the results are going to be bad at the end of this month, they obviously will, they will not want to have masses of these shares on their books when the results are published
They also know a large holder is dumping 500,000 shares per day which they can pick up on the cheap
They have zero commitment to buy or sell shares above the 30,000 EMS minimum
They are more inclined to sell shares ( a buy to us ) than buy them ( a sell to us ) as they know they can pick up the 500,000 on the cheap, hence more buys than sells but the price keeps declining.
There are only 7 market makers on this share, they need private investors to keeping buying off them or they will not buy off us, the process will then grind to a halt and stop, thats why you see many small cap companys who's share price never seems to move, zero liquidity
if that makes any sense