PGW - PGG Wrightson

[Queenstfarmer]

This share price has got to be getting manipulated....love to be able to prove it. I can't believe that the average kiwi would sell small numbers of shares at times where it looks like its on its way north again. Heading to 32/33c...then a sell on less than 1000 shares at times. Has been that way for months....someone wants this sp to stay low.

[Master98]

Queenstfarmer, my advice is hold your shares and let them to play.

[Queenstfarmer]

Agree with you 100%

[Agrarinvestor]

The same is true for the shares of AGRIA. A lot of trades with 100shares . Of course always on the bid. And if you see a large size in the ask for example 30000, you can buy 5000 shares and you see the remaining 25000 are gone. If i sell 100 shares i have to pay more for fees and expenses then i will get for my shares.

[janner]

I am sure that Shakespeare had a quote for your sitiuation.. :-))

[Queenstfarmer]

Did corporate greed exist back in Shakespeares day?

[Balance]

The same is true for the shares of AGRIA. A lot of trades with 100shares . Of course always on the bid. And if you see a large size in the ask for example 30000, you can buy 5000 shares and you see the remaining 25000 are gone. If i sell 100 shares i have to pay more for fees and expenses then i will get for my shares.

Relax and take the opportunity to pick up some cheap shares - if that's indeed the case that someone or some corporate is attempting to keep the share prices of Agria and PGW down.

Having looked at the trades in recent times, I am inclined to agree but sometimes it is important to note that it could be a predator for the company's assets (rather than the company) which is keeping the sp down to force the majority shareholders to default.

So be careful.

[Queenstfarmer]

I can understand PGC offloading at 29/30 very recently...but unless the average Kiwi shareholder is as desperate as they were...I can see no logic in selling such small volumes for pittance. PGW has more than twice the number of ordinary shares issued than they did before the offering back in 2009. A few years earlier the SP was heading for $3...so yes hang in there fellow Kiwi holders...Im sure in time PGW can be worthy of an SP north of $1.

[Master98]

I am sure the share price is manipulated( unknow reason ), so pick up some cheap shares if you have spare money and hanging there, will take off some day.

[Queenstfarmer]

I don't recall anyone saying the SP would return to what it was in the good ol days. With more than twice number of shares since the offering its unlikely to get anywhere close. Do you know what PGW's main focus is? It's certainly not their stores. Where do you think RD1 buy their seeds??