new issue

  1. 7,266 Posts.
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    Trading in these shares in the last two days has all the hallmarks of an issue about to be announced.
    On each day some broker has bought shares just before the close & forced up the price by half a cent & then bought one share at another half a cent higher in the 'matching' period.
    All shares up to 3:58 today-some 800k were traded at 12c but then this 'fiddling' broker came in & the closing price was 13.5c.
    Broker is obviously trying to support the price so as to fill the issue IMHO.
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