I am not convinced it's a pump and dump, tbh. I think the recent rise might be in anticipation of the final investment decision for magnolia, expected end of the month. The sell-off comes after the announcement at an unfortunate time when sentiment in oil turned down, coupled with investors taking profits.
However, I could be wrong; will find out at the end of the month!
http://m.smh.com.au/business/energy...s-customer-deals-delayed-20151215-glokzq.html
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I am not convinced it's a pump and dump, tbh. I think the recent...
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