If the directors are so naive to be propping the share price with such a little amount, they will be easily manipulated into losing a pile of heavily leveraged cash that they cannot jump over.
Id1ots.
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If the directors are so naive to be propping the share price with such a little amount, they will be easily manipulated into losing a pile of heavily leveraged cash that they cannot jump over.
Id1ots.
I still want to know who paid for the 1.2 million worth of advertising for the IPO. In relation to the net assets of the company this should not have been allowed - this goes against the directors fudiciary duty surely.
I see that good old "wash trading " is still alive in NZ!!!!
Woooow biggest % mover on the stock exchange today back to $1.00 she's going to hit $1.20 soon so get ready to snap up those 30k shares when you're ready.Quote:
quote:Originally posted by whatsup
I see that good old "wash trading " is still alive in NZ!!!!
Well done
Impressive.
what the deuce.
Maybe someone wants to keep the market value close to $1 so there isn't a call on funds that have been borrowed to keep this a float.....
It is not hard to manipulate the SP when they own over 90% with no liquidity. Ask the guys at Plus SMS... LOL
Bling
care to explain to this newbie?
folks. this is a growth story unfolding before our eyes.
not
Hey bling they might end up with 100% if they keep picking up the sellers