GUF 0.00% 1.3¢ guildford coal limited

Don't know if you've been watching the course of sales over the...

  1. 7,202 Posts.
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    Don't know if you've been watching the course of sales over the last three days but there has been a concerted effort to hold down the price with a heap of bot trades mostly chi-x sales.

    Every time a lot of 80,000 went through at 13c on the ASX they were immediately followed by sales of 10 or 12 or 1 shares at 12.7 or 12.8c. Volumes have been significant.

    See's about to blow.

    Disclosure: Holding GUF but not happy about the timing of proposed Capital raising later in the year. They could have let it run up first. Who announces this sort of thing 3 months in advance?
 
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