Today's manipulation, page-40

Ozyoioi, make no mistake, the ultimate goal here is to take control of the whole sector (read: not just one or two companies). By whom is anyone's guess. I say  there is a Chinese behond it all.

"Whoever" it is has instructed bankers to suppress the whole market and keep a lid on the SP of all these companies. 

They depress the whole sector and have a few specific targets. The more solid a company is, like galaxy, the better choice it is.

Lithium is an easy target for chinese. They're the #1 user of it, the sector is still very much misunderstood, prices and contracts are opaque. Very easy to short indeed.

As the sector "reaches depression", they either start accumulatibg directly or have their brokers (bank) do it for them. To do so, they create "funds" and either buy in tgeir names or through a custodian (MS, HSBC). These "hostile entities" buy just below 5% of every company company they want to take over. This is a long and difficult process, but they have the money to make it last for as long as they need.

Once the "hostile entities" have managed to acquire an (aggregate) % of shares that is big enough to scare the board, they come with a TO offer.

All the entities vote "yes" and Bob's your uncle.

If they don't manage to get enough (aggregated) shares, they bully (or, let's not be naive, corrupt) the board so that when the TO offers comes, the boars recommends the shareholders to accept it. Of the board doesn't play the game, each "entity" acquires the remaining shares to hold 5% + 1 share and request a change of board.

This is how it works.

What woukd be interesting now is to look at the TOP shareholders of a few of the other companies and see if the likes of HSBC and MS show up (I bet they do). If there are others that suddenly have also appeared. I think of entites such as Billion Sunny and Xue Invest.

This would give a clear indication of what is happening.

Maybe ridgwood can  get these lists from our peers here in Australia?

Note that if it is happening and the board is party to the game, the company has very good reason to kond of not want to publish the shareholder registry ....