Celeste
The glaucus report may have exposed some discrepancies in regards to what was and wasn't being disclosed to the market. The big funds did not dump at that stage. The general market drove the price down to around $1.10 and then Qin responded, the MD resigned, and the market came back bouncing the price up to the 1.20's. At this point in time the general market and big funds were all on cautious alert due to the china contract being exposed and admitted to. It was not glaucus that drove the price to its current level. This happened on the back of a breaking story from the AFR about a nestle contract that had been terminated in December, but again had not been disclosed to the market. It is then that the big funds went on high alert, and ended up stopping losses and selling out during the high percentage drops. You seem to want to call glaucus all kinds of names but not the AFR, or Qin? You have clearly chosen to shoot the messangers. Give us your view of the AFR breaking a story that resulted into an admission from the company that then resulted in the SP crash.
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Celeste The glaucus report may have exposed some discrepancies...
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