CXN 0.00% 0.9¢ connxion limited

how did this company fail?, page-4

  1. 19,706 Posts.
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    Anyone who spoke to Andy Phillips from mid December, would have received the same feel good statements, that all was on track and value will be realised.

    AT the time was trying to determine who the seller was that relentlessly kept selling (obviously they knew the writing was on the wall).

    This is the type of email reply i got;

    "I believe the investor who had the orders up was a big off-shore supporter".

    "He often does this type of thing to ?gauge the market?. Do not be alarmed as he has a significant holdings and is not a seller".

    Fortunately I booked my losses early February because the December Qtrly release did not support Andy's every thing is on track BS.
 
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Currently unlisted public company.

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