I wrote this on the BPT Forum on the 1st of May 2012 and todays announcement is a repeat of the same You can see what happened to BPT
This latest announcement from BPT in reference to UBS becoming a major holder does any one under stand what is going on I think these markets are fast become a toy for the institutions and the retail investor is getting tossed around the markets are becoming less and less transparent its financial engineering gone mad you used to invest in a stock because you believed in it and the story behind the stock but now there is another layer of investor ( i would call them players ) who have very high tech programs enabling markets to be manipulated at the expense of investors lets not forget these investors are the owners of Beach Energy and the powers that be ie ASIC have made it legal for these Institutions (Players only ) to come in and rape the owners of these listed companies and then move on to the next or have i missed something
MTE Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held