ADV 3.70% 13.0¢ ardiden ltd

Ann: Ardiden Raises $2.9M to Fund Exploration in Canada-ADV.AX, page-84

  1. 12,182 Posts.
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    if anyone ever wants to learn how the sp gets manipulated so the 5-10 day average gets lowered so that brokers can get a BETTER deal in a placement, this is it...

    was easily above 4.2-4.3c waiting on news and then the sp started slipping into the high 3s to make the 5 day average look dismal so that a 3.2c spp can be achieved... and then the nervous nellies who got in at 3.2c just sold out on the open making the sp drift lower to 3.6c and now back to its older average range - ABOVE 4c on a 10% higher count of shares equating to almost 4.6c on the older count...

    what blatant manipulation... guess, cannot do anything here.... can we? just suck it and bear it I suppose....
 
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