One of your previous posts suggested the price movement was a blatant dump and pump.
What I suggested was that the is orchestrated trading on the ASX whereby stocks will suddenly start rocketing up, sucking in retail buyers, who are then dumped on. I was commenting on what I had witnessed in the course of one specific day of trading.
What orchestrated groups may or may not do is different to a company being a 'pump and dump'. The classic definition of a 'pump and dump' involves the of inflating the price of an owned stock through false and misleading positive statements. I haven't seen anything of that sort.
The has been a sustained upward movement in the SP, which makes me think that there must be something of substance driving it all.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-56
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