Conspiracy Theory Alert:
Over the past few weeks, we have seen what I view as a concerted effort to keep the price down to around 0.014 – 0.017.
My speculation is that someone is intentionally keeping the price down and maybe for a take over announcement.
My reasoning (and pure speculation) is that with the on boarding of the advisory company just recently, if you keep the price down to a sustainable level then when the offer comes in, it will be an offer of a premium to the last 30-day average price trading on the ASX.
Got nothing else to talk about so might as well dream some sh*t up to make sense as to why our SP is so low…
Come on Smithy, show us some balls….
Rooey
(20min delay)