Ann: Trading Halt, page-111

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redram

425 Posts.

454

09/04/20

08:58

Post #: 43963844
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Originally posted by redram: ↑

After reading such a nonsensical post I fired off my previous post instantly as no research was required to debunk the ridiculous maths.

Then I looked at the rest of the claims. This is very very brief research and may have some holes in it. Its not supposed to be bullet proof but I am supremely confident that it is more factual than the drivel I am addressing.

FLC cap raising was in Nov last year (pre Coronavirus by the way). The share was already in a down trend and simply continued on its way. It has in fact been in a down trend since 2008. Despite the fact that it was in a protracted down trend, the was no discernible blip on the chart around the time of the raising, in fact almost 2 months after the raising you could still sell you shares for the same price. It is down now yes (just not by more than 100%) but has simply followed its previous trend, with a bit of a C19 dip and recovery of course.

EVS cap raising was in Oct 2019. Without more in depth research I can see that it has fallen. In the 3 months post raising it has fallen a little more than 30%. Since then it took a tumble as did almost every other stock and has started to recover, as have many others.

If you want something more relevant, PET had a CR in mid 2018. 3 months later there was no real difference in SP, maybe slightly up. Within 12 months from raising it was up around 300% (yes you can rise by more than 100%, you just can't fall by more than 100%)

I hate serial down ramping and I hate poor maths, poor research and illogical correlations being used put deceive investors and I will call it out.

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Cannot edit post so will add new one.

Lindo does not appear to be a serial down ramper. My comments regarding down rampers stands. If you didn't notice from my last post, they get me a bit fired up. Did not mean to unfairly lump someone in with that camp of bottom dwellers.

Please accept my sincere apologies.

PET Price at posting: 58.5¢ Sentiment: Buy Disclosure: Held
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