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ASIC dumping a penny stock? So you saying I should setup a buy...

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Crazy-Trader

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12/11/20

14:09

Post #: 48828307
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Originally posted by skinsy11: ↑

The HH shareholding’s combined were (from memory) about 34% so that is really a ‘Control’ of CSE’ issue. The Aust Style and Keybridge are entities associated with Nicholas Bolton. My recollection is that ASIC prosecuted him and he received a 3 year suspension as a Company Director. His ‘career’ is worth reading up on. In recent times Geoff Wilson has been trying to take over Keybridge. Lost track of where the Keybridge takeover is up to. I think it is ongoing.
The controll issue could result in the excess shares (over 20%) being sold by ASIC into the market as it has done on similar occasions. If that occurred, there could be a question of which shareholders and directors are in control of CSE.

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ASIC dumping a penny stock? So you saying I should setup a buy order at 0.001?

CSE Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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