Placement was $1.50 on 28/3/23, page-17

Not just Gymjunky, anyone who has purchased in a pump, or sold in a dump or just merely suppressed or over the previous year has lost money, inasmuch as the share price would be higher (in a pump) or lower (in a dump, or suppressed). Lots of people here on HC sold and purchased, including me.

If you are running a scam and you want it to continue you need someone to blame who isn't you. One is often tempted to think that money will solve all share price problems. Last Friday's example here https://hotcopper.com.au/posts/71743869/single
proves that that isn't the case. The sale of $450 worth of shares equated with the purchase of 25 times that amount, in the effect that it had on the price.

Thus, when the company gets its mine back the share price goes down. When TAFTA looks like settling the share price goes down.

Inevitably it is "Mr. Market" who is to blame. This can happen because of any kind of matter, buy on rumour and sell on the fact, management is a good one if what one really wants is to take over the asset. What you KNOW is that the price went down on Friday because of the sale of two shares ($2.51). The "beauty" of an algorithm is the percentage of the day that it sets the price and controls the direction.

Hopefully this will change this year, but it will not be because of ASIC, the ASX or the government.

Management is comprised of humans who have to make decisions which you can agree with or not. On occasions you may be right, and on occasions you may be wrong. They have the advantage of knowing all the facts, and you have the disadvantage of looking at the holding of yourself and your friends rather than thinking for the shareholders as a whole.

They also make errors. They are entitled to do that. "To err is human, to forgive divine". That's part of the contract. Just hope that the errors are not serious, and do not interfere with the thrust of the investment.