ATV 0.00% 2.0¢ activeport group ltd

Ann: ATV Completion of Share Placement, page-21

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  1. 4,544 Posts.
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    16% of the shares from CR dumped on open to day and most likely more later. Now the SI's who participated not only lowered their average buy in costs but get to free carry the options.

    Absolutely rubbish for retail holders that have supported this stock but easy money for the real players. The orchestrated pump from all time lows of 3.7c up to over 7c to get the CR over the line and all done with reasonably low volume. Management have failed again at their primary duty of creating wealth for all shareholders, shame on ASIC for allowing this to continually happen.

    I honestly loved this stock when I bought in at much higher prices ages ago. Now I still think there some potential albeit not as great and now diluted. I will continue to hold ATM with my diminished potential gain. I did think of getting out or at least reducing my holding when Karim left now with 20/20 hindsight I wish I had.
 
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