chomp chomp, page-6

Hi,

a broker is clearly capping this stock.
It could be to do with the capital raising which would be at a discount to current price.

Has anyone phone the company to find out when the Capital Raising will be?

Eg. Broker sells 10,000,000 shares at 32c.
then participate in Capital Raising at 28c, and buy back the 10 million shares.

their profit = 4c x 10,000,000 = $400,000 risk free.


Joel