And DRB Went Into A Meltdown During Trading At Close.. Guess Who Came For Dinner

The following chart says it all....

Look at the last 2 transactions!

All done during trading at close.

Someone deemed it fit that DRB, which was trading between 2.28 and 2.27, should have a meltdown during trading at close.

Someone deemed it fit that DRB be traded some 33 bids lower.

Someone, on the other hand, was brilliantly smart to queue for DRB at 33 bids lower.

Someone, on the other hand, just knew that they would be lucky and that they would be able to get a small truckload of DRB shares at 33 bids lower.

How?

Oh yeah... some trick questions.

DRB has a lot of 'warrants' issued.

Do you know which warrant would be severely impacted by this SUDDEN DRASTIC change in price?

Do you know the impact?

Who would turn out to the big loser with this sudden meltdown?

And who would be the big winner? Yeah, guess who came for dinner.

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ps: Personally, from my flawed point of view, I reckon Trading At Close is the utterly most stupidest thing ever implemented. It put the stock market players at risk. Example? This DRB case yesterday says it all.

Comeon... Bursa.... stop making yourself the laughing stock. Enough is enough. Companies now list and delist anyhow they want. Delist it at a cheap valuation and relist it based on a super rich valuation. Who benefits?

I know.. you, Bursa, is a listed entity. You need to make money.

But hey.... think about it.... at whose expense?

And have you heard that good solid business is built on strong foundations? Have you not heard of this saying before?

Look at what's happening in front of you.

Are you seriously impressed with what's happening?

Comeon... protect the minority shareholders. And dude, the minority shareholders of any business, they are also your business partner.

Treat them right, and you will prosper.

Is this too difficult to comprehend?