Having a good project and good management is one thing.
But when the register is rotten with short term traders it makes it difficult for a company to capitalize effectively.
Only thing that can rescue this situation is if an institutional starts buying. Lets hope that happens.
Otherwise it will get capped and sold back down into the accumulators so they can prop and dump on the next ann.
lol. Been there once before on Key havent we?
Anyway - I am also surprised it has not run harder today, and that volume is quite low so far - given the posting sentiment.
Very disappointing to see this happen time and again on the ASX.
If anything the props which then flee do more damage than if they were not there in the first place.
It shows a complete lack of vision on the part of most Australian ASX investors as they go from one company to the other perpetuating their scams and sucking the blood out of the companies to pay for their own lavish lifestyles.
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- bye bye dummy bids
bye bye dummy bids, page-5
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