geeenius, are you still continuing to watch with interest???
More of the same today. it is almost certainly time for ASIC to issue a please explain from the company.
They have the tools to know whats going on here, perhaps its time to name and shame the manipulator here.
IGO $5 million investment now over 50% down, bugger all sellers below the 3.7c mark but someone continues to sell at the coal face. with out a please explain from ASIC, shareholders can only be left with 3 conclusions.
1- there is information material to this stock that hasn't been released.
2- there is a remarkably stupid large investor getting out at ludicrous prices.
3- someone is washing shares backwards and forwards to intentionally lower SP for their own nefarious reasons.
considering management have bought some smallish parcels recently, i will go with conclusion 3.
as previously mentioned there are at least 2 huge companies names already being whispered around this stock, names not important but think we have reached a point where shareholders need to be informed.
will make it my mission to send a letter to ASIC to investigate!!
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