ELE 0.00% 0.5¢ elmore ltd

Ann: Response to Price Query, page-122

  1. 14,055 Posts.
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    I feel the ASX needs to start issuing notices for complete reversals.

    When people are making money from a stock they want to hear from companies as to why the sp has increased.
    From the date this notice was received the sp has gone from 0.017c down to 0.003 only to sit at 0.004 today.
    So basically the ASX considers it very strange for a stock to go up 30-40% and wants to know why, but when a stock makes a massive retrace after weeks of positive anns and high volume they don't give a shit.

    I don't understand. when people are making money the asx think its bullshit and want the reason why, but when people get caught up in a pile of bullshit and loses plenty the asx seems to turn a blind eye and not really give a shit.

    Corruption at the highest level that will never be properly looked into.

    As Midnight oil said...the rich are getting richer and the poor are getting the picture.
 
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