And an IQ under 60.
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This is a good place to observe herd mentality.
Look at the crowd now rushing to the exit door at the 15 mins of trading today.
The main problem with this one is just how blatant it is. Those involved may even get a slap on the wrist with TWO wet bus tickets.
this is like a comedy show....every investor should know its buyer beware and you should DYOR.
hopefully a relatively cheap lesson for the novices but doesn't say much for the NZX either that after the company released results with the wrong NTA and then Directors and management sell down into mysterious strength....will they have all those insider trades cancelled?
It just ticked up. Here come the value investors!
Holly crap, what a roller coaster ...:scared::t_down:
NZX should investigate on the length of time that the "wrong information" was put up and no one did anything about it.
The Company was asked a number of time on the reason why there was such a movement of price in the last few weeks.