a few other stocks i trade have shown similar patterns
that "tell them nothing take them no where"
the price goes down on lack of info and no returns and someone is quietly buying in the background
then the take over is announced subject to GM - however the games already rigged. Just happened with ESG and ASIC are looking into it.
Then the question on royalties - i see this quiet a bit and one of the bios i invested in led with this line for many years only to see a change of "partners" and the royalties due in 2011 "disappear". Of course not before everyone loaded up close to the royalty date. Consequently the share price got hammered.
So please dont believe in royalties as its another tool to suck in the punters.
I have maintained that I dont think Mega has the gonads - they are middle men trying to use their Co to attract a bigger fish with the money - say China or India. However i feel that if this happens Mega will be dumped as they are not really necessary. Shareholders should be made aware of all issues that effect the co and the share price. Whats to hide? Whats so sensitive?
My faith in graphite/graphene is strong but I think that with OZ innovative track record we could be doing this ourselves -
Being kept in the dark is a typical ploy and shows the arrogance of many management teams. However, on recently reading that the attitude of most boards is that they own the company needs to be changed and so we may look forward to more rules and regulations being put in place. To protect the share holders of course.
Another thing that bothers me is these releases seem to be able to say anything and then theres no accountability. I think that if x is said then it should happen or a BG explanation be given as talking the talk just to drum up business is just plain lying if it doesnt happen. ASIC should stop this nonsense.
NOW
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Change
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Mkt cap ! $16.05M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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2.5¢ | 312323 | 3 |
View Market Depth
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2 | 237875 | 0.023 |
1 | 500000 | 0.022 |
7 | 966044 | 0.021 |
8 | 2835826 | 0.020 |
Price($) | Vol. | No. |
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0.025 | 312323 | 3 |
0.026 | 476707 | 3 |
0.027 | 254166 | 2 |
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