Anatomy of a Disaster: What Was Public vs. What Was Hidden

Every ⊘ marks PRIVATE or INSIDE information the market never saw. The all-time high was fueled by a private Carnegie note. Insiders dumped DKK 21M with zero market awareness. EIFO withdrawal hidden 17 months. When the truth hit: −97%.

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⊘ = PRIVATE/INSIDE info — market had no knowledge · Purple zone: Carnegie pump & insider dump · Light red: 17 months EIFO hidden · Red: Crisis & media campaign · Gray: Trading suspended

Chart: YCO ResearchSource: Nasdaq Copenhagen · Digrin · TradingView · FT Markets · VP Securities · FinanstilsynetGet the dataEmbed