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01-08-2007, 02:23 PM
#251
Member
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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01-08-2007, 02:31 PM
#252
Member
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.
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01-08-2007, 03:12 PM
#253
I see that good old "wash trading " is still alive in NZ!!!!
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01-08-2007, 03:29 PM
#254
Member
quote: Originally posted by whatsup
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.
Well done
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01-08-2007, 03:54 PM
#255
Member
Impressive.
what the deuce.
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01-08-2007, 04:14 PM
#256
Member
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.....
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01-08-2007, 04:33 PM
#257
Member
It is not hard to manipulate the SP when they own over 90% with no liquidity. Ask the guys at Plus SMS... LOL
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01-08-2007, 04:40 PM
#258
Member
Bling
care to explain to this newbie?
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01-08-2007, 04:41 PM
#259
folks. this is a growth story unfolding before our eyes.
not
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01-08-2007, 04:41 PM
#260
Member
Hey bling they might end up with 100% if they keep picking up the sellers
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