Nice report. You'd expect the share price to go up.And what...

Nice report. You'd expect the share price to go up.

And what happens? Stock trades at 0.006 and then 6 million CCO get dumped into the post auction at 0.005 That's what happens when you give away cheap shares. Easy profit taking left right and centre. And now someone is dumping oppies in blocks of 2 million at 0.002 How long will there be this overhang on the market? Who knows.

I did say in an earlier post that I am no lawyer. Look a this evening's notice under section whatever of the Corporations Act, Subsection this and Act number that. CCO reckons they are compliant after the recent 0.005 placement. Let's see if ASX agrees. Clearly the ASX must have asked a few questions..