Ann: Trading Halt, page-54

"...they might have subscribed for some themselves, to give others confidence, that there are people who believe in them".

Always a possibility. Remember they have a psychologist on the board, a lot of investers are based in Asia, dont read English, and may not be sophisticates like youse and me.

The psychology is that if someone sees a transaction at 5c, anything between 1.6c and 5c looks like a bargain, or at least fogs reality.

I'm following another dodgy company at the moment and notice that there is a spike in price in the morning of a few cents. You look at the graph and think somethings happening, but when you check back in the evening normal price returns and the effect of the morning trade has disappeared. This is obviously a psychological ploy to get people thinking positive...sellers will up their asking price and buyers will pay more because they think they are still getting a bargain.