"The danger is that the HFT's might destroy the inbuilt, non conformist, company worth developed by the management over a long period of time. Who was responsible for that dramatic drop in CDU SP a couple of years ago??? Was that JORC result really worth that sudden plunge to $1 or thereabouts.???"
Yes. That and margin calls from leveraged punters such as maxw etc.
"Not im my view .."
Then PROVE YOUR STATEMENT
"but I never held shares at the time and all I can attribute that to was total over reaction and a lot of HFT's and shorting."
PROVE YOUR STATEMENT
"I do recall it was a nightmare of a trading stock with Lynas and Sundance..."
Two dreadful companies that were disastrous investments because of their own issues (rare earth price collapse/plant delays and trying to flog the company to hoax bidders respectively).
"unbelievable trading on my IRESS screen. My computer had a 15 second lag time to buy or sell if the internet connection was running at maximum speed. The low RAM and shit connection kept freezing my system ..so I did not do to well."
So you have a crap computer so want everyone else to use equally rubbish ones? That's hilarious!
CDU Price at posting:
$1.87 Sentiment: Sell Disclosure: Not Held