"...The Amsterdam stock exchange is considered the oldest “modern” securities market in the world.[5] It was shortly after the establishment of the Dutch East India Company (VOC) in 1602 when equities began trading on a regular basis as a secondary market to trade its shares. Prior to that, the market existed primarily for the exchange of commodities.[3] In that year, the States General of the Netherlands granted the VOC a 21-year charter over all Dutch trade in Asia and quasi-governmental powers..."
...it would appear that truth, as in war, is the first casualty in a takeover, at least for the small shareholder who is not privy to the inside deal.
Since VOC started trading on the Amsterdam market over 416 years ago you would have to be an insider or club member or school tie to get a glimpse of the truth and capitalise (sic) on it - a service tradeable by stock brokers and the old boy czars and still is - but of late the interwebs have facilitated communication amongst the hoi polloi to the point where a sense of disenfranchisement is felt when the brutality of the market is played out - especially when chat sites give the illusion that inside knowledge can be gleaned on an investment beyond the jewels of fundamental analysis clearly on offer from the assiduous for the benefit of the lazy.
The illusion that value share trading is not subject to the same cultural vicissitudes that result in the retail share market being a wealth transfer mechanism wherein the disposable cash of M&D with a smart phone flows to those that know is naive. It doesn't make what is done right. It just means you shouldn't be surprised when it happens.
What is interesting in this case is whether the tentative, nascent and messy M&D SH collective action stimulated by he who is called Kalenn be organised over and above individual priorities and the demands of each unique case to a more generalised profit interest and so give the punter a collective voice and ear at the inside table.
Probably not. Any effort would be dismissed as easily as it is now at most AGMs.
The odds are clearly stacked against you if you aren't an insider.
And also stacked against you if you think you are.
This story has just started and the birth is already surrounded in intrigue, disappointment, agony, ecstasy and hard lessons. Worth the price of admission considering the entertainment. Go Copper. Go Brazil.
AVB Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
