ROC 6.06% 10.5¢ rocketboots limited

john doran stands down, page-10

  1. 1,879 Posts.
    Clearly, there is a price manipulation. Look at the current announcement.
    MLC ceased to be a substantial holder. That fund bought 9mill and sold 7mill shares at the same time frame (between 2/05-20/06). That fund has made great profit. And now, it seems MLC (with its 2mill shares) pulls the price down to accumulate. And all over again, buy today and sell next week to generate profit. That kind of procedure should be regulated. The company reputation and we small investors suffer, due to substantial holders that buy for a short term.

    Cheers
 
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