IMO, they already have dumped pre-trading halt. GNL have flaunted the rules but, IMO, they are entirely unethical and this one should be avoided apart from a point trade which even then is ridiculous. The momentum monkeys always lose - poeple were buying on a whim the other day without any idea what they were buying, the fundamentals etc, probably not even knowing how much cash they have. In fact, that was pretty obvious.
Be careful about the iron ore spruickers atm....they'll come at you about targets, location, nearology etc; but they'll only dump into you. FDL may be slightly different, but all of a sudden post FDL we have many announcing the possibiloty of iron ore etc. They'll be quite a few in the enusing months.
These companies should be avoided at all costs, but they do it because some buy here thinking they will make easy money after "lunch". Doesn't work that way.
Same same.
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