One credible theory IMO is to keep the SP down until the company you know (and/or are working with or working for) intending to make a T/O bid finally makes its T/O bid. Its a lot cheaper to win a T/O bid where the SP is sitting around 5c a share compared to 10c/20c a share. Remember this is antimony. High prices are with us for a long time and those doing the manipulating have time to play the long game. In the meantime TMG will be developing the resource at shareholders' expense but with hardly anything to show for it in shareholder equity until the manipulators step in to lap up all the cream.
The ASX and ASIC are disgusting to continue to allow this to happen under their noses and do absolutely nothing about it.
TMG Price at posting:
3.3¢ Sentiment: None Disclosure: Held
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