Bertie..1. when Macquarie recently said that poly SP was worth...

Bertie..

1. when Macquarie recently said that poly SP was worth 2.80 it did so based on company fundamentals and not on DW buying more shares

2. pump and dump would involve, buying low off retail ... pumping the price .. and then selling to the same retail before the SP again falls...
But DW did not do that at all .. what he did was buy shares off the company thereby strengthening the company balance sheet
he then sold at entry to the asx 200 to EFT funds and not to retail

3. so if anyone should feel aggrieved it is the EFT's but they are supposed to be sophisticated investors and given the way they acted when poly was last in the ASX 200, perhaps it was an act of ironic retribution

4. so in all of this retail was meant to be unharmed ..
but unfortunately retail has responded like a headless chook, and we have what we have today

5. so the next time a retail investor wanders around downtown Sydney and sees all of those very tall buildings housing financial powerhouses, he can be calm in the knowledge that at least he knows where what was once his money, went ...