Today the ASX wrote to Mr Madhuka Balla, Company Secretary for...

Today the ASX wrote to Mr Madhuka Balla, Company Secretary for Fairstar (FAS) and asked him if he knew why the share price for FAS moved from $0.009 to $0.006 intra-day low.

At 6:42 PM Mr Balla responded to the ASX letter stating that he didn't know why the share price had moved.

Then at 8:03 PM Mr Balla wrote to the ASX to notify them that on this day FAS issued 30,049,441 shares @ $0.0067.

I am not a company secretary, nor do I hold any other important title. But I can plainly see the reason the share price moved today was the dumping of the 3B shares by Gurney capital, as we have seen many times over the years.

Mr Balla please connect the dots.