TOR 3.70% 13.0¢ torque metals limited..

S1041A Market Manipulation, page-6

  1. 174 Posts.
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    This is serious tin foil hat stuff right here... The market sets the price - if you want to bid up the price to a level you think is reflective of the assets, go ahead. I welcome that. To me it presents a compelling investment opportunity here, hence I've been buying. $2.8m in the bank to 31/12 and you think the directors (acting in the best interest of shareholders) would prefer to operate the company insolvent? I'd say they raised because they had to ahead of a drill campaign to generate value for holders. Retail market is virtually dead for lith plays rights now, so I'm not surprised they went up the food chain.

    I feel for long term holders, but keep you're eye on the prize - the assets are decent and time will hopefully cleanse the disconnect in price. It is a serious stretch to say the directors are at fault...
 
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Mkt cap ! $23.84M
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13.5¢ 13.5¢ 13.0¢ $43.72K 332.4K

Buyers (Bids)

No. Vol. Price($)
4 112000 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 123605 2
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