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Bloody hell, I thought I was buying shares in a great company...

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maybe2014

2,120 Posts.

13

10/04/16

12:51

Post #: 17466104
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Originally posted by pintohoo ↑

because I would as good as name a broker - and the inference would be obvious.

That would put me at risk of defamation.

I have given enough here for anyone now to work out what happened - I see no reason to put myself at risk. I hope that is understandable.

I have been in touch with someone who is far better resourced than me this morning and I have been informed that my analysis comes to the same conclusion as theirs.

The thing is - it is past - water gone under the bridge ---------- I suffered no loss - monetarily - because I never sold a single share in the period - sure, it was a pain in the butt to see the price drop from 117 to where it is now - and, it is now nice to know pretty much precisely what happened and who did it - and how (still don't know exactly why - but, I will stick with my theory on a sicko from a month or so back) .

To me - what is now important - as it always is -- is - where do we go from here?

IMO - if we have institutional interest from here on for a while - then, I believe that their demand will overpower any more funny bugger business from the party who caused all the trouble since 117. They may try some things - but, they don't have enough ammo left IMO - to do a great deal of harm - if demand is solid - they will just go through more ammo.
Of course - they could borrow and short ------------- but, at some stage they have to cover - so, that worries me not (thank god for being a holding sort of person).

There is of course, the potential of another attack from other sources - but, to get the same mix of conditions - I think the chances are slim. There is of course - the possibility of someone else shorting - which, I am sure will happen - and, they may well try the same HC antics as well - but, it could well be on a small scale - and, eventually - they have to cover as well.

So - there is my answer ----- I hope that all makes sense.

have a great sunday

Pinto

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Bloody hell, I thought I was buying shares in a great company and now I feel like I've somehow wandered into a John Le Carre novel.

I really do not know what to think about all this or what the real situation may be.

Pinto - I know you put a lot of time and effort into AJX and your posts but I really feel you or someone from the company needs to say what is really going on.

AJX Price at posting: 69.0¢ Sentiment: Hold Disclosure: Held
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Bloody hell, I thought I was buying shares in a great company...

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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Bloody hell, I thought I was buying shares in a great company...

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Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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Buxton projects new graphite province discovery at WA Narryer play

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

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