Wonder what Sinosteel taking stock at $4.50 and Shine Fly shipping at $3.90 think about the Crane dudes getting contras at $2.60 ?
$2.60 !!!!!!! really Hoot put his hand in his pocket years ago for 2 X $5k parcels at $2.50 in the SPP after the big end of town took their stag profits selling down from $3.20 before the mums and dads got the stock - this is looking pretty rough to me right now - No DFS and a JORC resource the same as AOH and now looking desperate doing a $360k contra at $2.60 after saying the contractors were price gouging ??? what tha.
How the true believers can spin this as positive belies belief to me ! - Look out below JORC lows on the horizon - shorting looks a winner from here to me even though I have never shorted in my life and personally believe its immoral but looks like money for jam given M & G,s current dumping.
Very sad for the long termers how this has played out - Bltheyfan , Zeds , Whalewatcher . Pumpkinhead - they got it right we are the chumps !!!
Expains why the Aussie directors are keeping their wallets closed when contra placements are bing done at $2.60 for pin money !
Why would you dilute at $2.60 when you supposedly can sell the NCU for $$$$$$ millions - crazy stuff going down here !
hOOt
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