We are both cynics, I suspect you are correct re the buying from .71, all this crossed my mind yesterday, I thought it was deliberately pushed up to .91 this morning & suddenly the dump, it stood out like the proverbial!!
August 19th saw the price jump from .775 to .89 on volume of 179981 then the dump yesterday, you have to ask yourself what is going on don't you. It would not have been a TGH buying because they would have had to declare it but that doesn't mean someone from the office was in the know as they would be, this really annoys me when we are just suckered and suckered we were, Probably a bit more to sell off yet. Love to look at the share register.
Why the ASX, ASIC & the ACCC can't see this I am damned if I know, this is happening with so many stocks far too much, but until we get together as one, bugger all will happen. maybe HC posters should get a petition going, then give it to the above & a minister in the Rudd Govt to get a few balls rolling.
Have a good one
DTrad
GMX Price at posting:
81.3¢ Sentiment: Hold Disclosure: Held
