Ann: Change of Director's Interest Notice x2, page-40

Hi Matt,

I also understand your need for stop loss comfort.

IMO Thats an investment strategy more suited to big companies that are immune from market manipulation by their massive liquidity.

Small caps particularly ones that are tightly held and have very low liquidity like VMT can fluctuate massively in price for no fundamentally sound reason. Could be manipulation or someone needs some money for an unexpected bill when there are no buyers, or someone who has sold 29,696 at 7 cents drops the last 304 of their order at the end of trading to the only bidder at 5.2c.

Likewise it is very easy to kick the price and get the traders into a feeding frenzy by wiping a few lines.

If the 3 step trading police weren't monitoring your account, which evidently they only do to some of us, you could put a buy order in for 200,000 VMT at 47 cents and kick the opening price up 19% . In comparison offering to buy $100ks worth of ANZ would only kick the price up from $28.19 to $28.20

Beware of the bushrangers lurking in the wings. The market doesn't always move because it knows best. It's a mindless beast with the DNA of a sheep.