ASO 0.00% 1.0¢ aston minerals limited

Dumping, page-40

  1. 2 Posts.
    First time poster here. Wise investing/trading (if you had the time or inclination) would have been to sell when CR $20m @ 20c announced, as SP was bound to go towards at least 20c when placed (market forces reflecting that 20c would be the true value at placement in the absence of further information/DD results). Combined with Xmas tradition of sell-off, panic would have compounded downward pressure on SP. Long term investors would have also sold realising this perfect storm and now be making a healthy profit by buying back in at the much cheaper price. For anyone to think that the company would have been able to raise the $20m, or the Instos would have invested without doing far more diligent research and investigation than a few google searches (and not considered the issues potentially raised therein), these people are deluded. IMO buy if you can, if not, stay strong - far more informed minds than our have confidence in where we are headed. GLTAH
 
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