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ValueWorx63

543 Posts.

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21/12/21

10:06

Post #: 58430061
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Originally posted by ValueWorx63: ↑

The response from CIMIC to the ASX was total horse shit. There is no way that a $7-10M expense caused a 15% drop in the share price and volumes to move from an average of 20k per day through much worse news cycles, to 350-400k volumes yesterday - this is market manipulation to try and squeeze the remaining shareholders and ASIC once again allows this sort of bull shit response from the company. Seriously, Australia may as well abandon any form of company regulation or shareholder in this country as company's such as CIMIC just laugh in their face. This is fertile ground for a class action in my view. I want to see this disgraceful and corrupt management/board held to account.

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CIM Price at posting: $15.89 Sentiment: Hold Disclosure: Held
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