I deeply analyzed AINV in past few days with comparing lots of other shares price increases and I found out something to share with you all. I don't know whether this can be true, your ideas are highly welcome and that will lead us to get a good idea on the counter's behavior.
PCP introduction happened at Rs. 10/- and in first week it shot up to Rs. 82/-. Most of our retailers has got into the stock between Rs. 60-82 and some of them may have exited but most of them got stuck when the share price is continuously started to drop from Rs.82 to Rs. 50/-. And at Rs. 50/- what Rishan did was he sold 10Mn shares by a way of crossing, buyer was never known.
With this crossing what they tried to do was they wanted to show that counter is very strong at 50/- and it has buyers even at 50/-. Poor people who didn't have a clue about this, has bought shares like madness and Rishan and others sold their shares at those levels. Usually this kind of transactions are happening at very low prices than what you see in the market. If we take a example.
Rishan Sold his 10Mn shares at Rs. 50/- from the market but the buyer pays only Rs. 15/- per share. Other Rs. 35/- Rishan paying back to him as a Off Market Deal. As the buyer's cost is Rs. 15/- he begins to sell his shares from Rs. 50/- to Rs. 20/-. Then the poor retailers buy them because they are thinking "Ahh the crossing went at Rs. 50/- and Now it is Rs. 35/- What a price Ahh" Like that. But they never know that Rishan and other party had a win win agreement. Look at the price now. These are some shameless deals happening in the market.