So going off that chart, if cka ann sales agreement the SP will rally but Magnas will then manipulate the SP back down to convert the shares at a lower price? Yep looks like a good idea to buy when Magnas converts, thats when the SP will rally from its lows.
Basically the chart is saying the SP will go nowhere in 2 mths.
If theres positive announment, the SP will rally but then drop back down to its low for the conversion?
Or if no positive announment, the SP will probably just drift lower.
Anyone else can find a stock that Magnas added value to BEFORE their shares conversion?
Like Martino said in those emails, Magnas doesn't hold/shorting the stock.
Because they don't need to! Their reputation does the work for them. 28mil volume and 19% down is what their reputation is worth. So why make a deal with the devil?
Im guessing the millions in current liabilities from eofy June 17 is overdued...or (touchwood) they can't sell the coal..
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Last
7.7¢ |
Change
-0.003(3.75%) |
Mkt cap ! $83.07M |
Open | High | Low | Value | Volume |
8.0¢ | 8.0¢ | 7.0¢ | $151.4K | 2.064M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 34955 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.7¢ | 99999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.072 |
1 | 250000 | 0.071 |
1 | 50000 | 0.069 |
2 | 250000 | 0.068 |
3 | 142000 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.077 | 99999 | 1 |
0.083 | 55000 | 1 |
0.085 | 2083 | 1 |
0.087 | 14207 | 1 |
0.090 | 10000 | 1 |
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