HGO 1.59% 6.4¢ hillgrove resources limited

share price manipulation in hgo

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    Being a holder of the HGO (HILLGROVE RES LTD FPO) stock I have noted a relatively frequent share price manipulation in the stock.

    The latest manipulation happened today when a large holder without any "reason" dumped ~$460K shares at 10:34:27 on 28 January at 7.8c-8.5c price range creating a long spike on the chart. This kind of dumps has actually happened several times recently (on 16 December 2013 and 7 January 2014), for details please see an attached chart as well as details of today's dump are also attached).

    A corresponding request has been submitted to ASX.

    irynka
 
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