Dear friend, what u mentioned is relevant to all spec stocks. According to my standard, the spec stocks should not be listed in the asx. Spec stocks are perfect way for directors to suck the blood of regular/ordinary people.
In spec stocks, inside information has major impact on price movment and this information is only available to the directors, senior manaqers and thier relatives-friends-lovers. More than this, look at the directors wages and you will be shoked.
Sometime I think ASX is a bunch of crooks!
CMR Price at posting:
17.5¢ Sentiment: None Disclosure: Not Held
