Banter and general comments, page-36101

"How the hell does that work?"

Welcome to the wonderful world of propaganda by the BEOT and their paid mates on this forum.

It turns out I did an analysis of that particular ann by JPM. I nearly published it but didn't as I feared I made a mistake, and some posters here are unforgiving. It was difficult - I had to extract the data into excel, and quite a lot of manipulation.

Anyway here is what I found.

Period covered: 21/08/2023 to 20/12/2023

	Balance held at start	85,890,279
1	Balance held at end	109,599,951
2
3	Bought	35,594,450	$12,625,255
4	Sold	34,503,835	$12,446,902
5	Net	1,090,615
6	Avg cost per share acquired	$0.16
7	Share price at end	$0.35
8	Profit from buying/selling as at 20 Dec (@0.35c per share)		$207,216.85

So their trading resulted in a modest profit.
However, they also engaged in shorting:

They borrowed 140,735,772 shares and returned 117,744,979.

I have no idea about what fees they paid, nor whether they lent out any shares themselves (so they would have received fees), but it doesn't look like it - maybe an expert/broker here can clarify.

On that particular day the transaction you mentioned occurred, they sold the same number of shares for the same price.

Maybe a bot did that.

Also the previous day the borrowed 1.5 mill shares.

They have sophisticated tools and we don't. Smells of manipulation, but can't prove it.

Good luck understanding what they are up to.