1. LOFC which was at Rs. 9 plus level at the begging of October 2021 was pumped to Rs. 30 plus and dumped 160 mn shares in 9th of November 2021 , 101 mn , 95 mn shares were dumped in 16th and 17th of November.
2. there was bad fall in 19th of November 2021
3. After such bad fall, this so call smart group convinced some tax benefit story of acquisition of CLC and dumped the balance quantities at 28 level and and 25 level in January 2022.
4. They did the same with the CLC too.
5. Rs. 18 plus at September 2021 was pumped up to Rs.87.90 levels and duped to retailers with different stories at various price levels.
6. on 6th of December 2021 80 mn shares were dumped between Rs. 31 to 38 levels.
7. Oversight of the the regulator punished the investors who didn't buy this LOFC and CLC.
Conclusion : One group of people greediness put the entire market in to a disaster situation.
2011 : GREG
2022 : LOFC & CLC
Is it the investor?
Is it regulator?
is the major shareholder of CLC and LOFC?
is the Smart group who manipulated the CSE?