Young kids fresh off uni with little savings and some money from their mums tend to think they can rule the world. Buy then sell, then downramp the company with stupid accusations with no substance and fool a few sellers, then buy back cheaper and sell and downramp again and think they can be multimillionaires as their unsubstantiated rubbish go unchecked.
As far as I am aware, some of them will soon be in troubles with legal proceedings from the company. It can cost each of them $200k to $1mil in compensation and a life ban on ASX trading activities.
Ann: Experienced Mining Professional appointed, page-89
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