re: adultshop.com - warning
I can understand VNA but why TEL?
TEL currently over $4.
I agree though, directors need to be more responsible.
Shonks like Smartworld lure innocent investors to but large amounts of stock only to intentionally rip them off. At least Pasminco had a go at making money, SWC, NEW and other Perth specials are only listed to rip people off. That why there are so many rich people in Perth, ill gotten gains from East coast investors (they like nothing better than ripping you off).
I would highly recommend dumping any small share that shows signs of being a "Perth Special". They are all con-artists over there... otherwise known as "sharks".
Adultshop received it's fair dose of investor backlash. I believe someone posted Malcom Days mobile phone on this chat site... a number of people said they were heading to Perth for a few harsh words. The ASX also stuck their foot in leaving them suspended for so long.
ASC - RIP.
ASC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
