education lesson for the novices, page-19

i just find it bizarre to think that some people could actually even consider that mkt manipulation is going on in this stock with the following facts:

- only around 160 mill shares on issue and it is relatively illiquid (due to points below)
- around 20-30% of the fully paids (probably more - i havent checked all the companies on the T20) are owned by directors, director's family or companies ownwed by directors
- around 40% are owned by three brokers than I know, and use, and their clients...and that %age is growing daily
- a significant amount are still owned by the 47c placement takers

Chartists by all means post your technical views, but keep the market manipulation rubbish out of it.

Some people admittedly find some of the tripe posted humourous...my Perth broker for instance has a good laugh. Personally, I'm just happy this site has an ignore poster button.

Cdchi1