This potential ASIC crackdown bought onto FNT by your best buddy GD will most likely include the 21-256 MR announced in Sept last year. It makes a lot of sense to crack down on pump and dumpers if they are to investigate into shorting. They also should look into the rise in the share price of FNT on the eve of any announcements that are price sensitive.
21-256 is about pump and dump activity. That activity using social media sites such as Hotcopper breaches the corporations Act 2001. Over $1m penalties and +15 years imprisonment. Bring it on!! I might buy into this then. Someone was ramping the crap out of this for over a week and then miraculously turned on a dime couple of days ago. With that particular person there's now only talk of lower and lower prices. I think 1 player here has lots to answer for don't you think Sharebroker 1.
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Open | High | Low | Value | Volume |
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52 | 56335562 | 0.002 |
17 | 80890000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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