MGC 0.00% 43.0¢ mg unit trust

Only 78,125.433 to feed rollercoaster ...

  1. 746 Posts.
    Since 27 April to 11:00am 19 May, 78,125.433 shares were traded (about 7% of total shares) to feed this rollercoaster.

    Of the total 78 million shares since 27/04, many may have been traded and retraded and retraded, which decreases even more the percentage of shareholders trading (burning) their shares.

    I understand that some shareholders have been forced to sell for a reason or another, but it clearly shows that this share has been manipulated to cater to someone's dark interest at this point in time.

    Today is a great example ... down to 0.825 and back to 0.865 within 1 hour?

    Crazy to see transactions with 1 share, 5 shares and little amounts like this to try trigger some sort of reaction.

    This is what ASIC should be looking into. They could easily spot the manipulators of this stock.
 
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