CDG cleveland mining company limited
Add to My Watchlist 0.00% ! 7.0¢

'Pump and dump': Macquarie Bank accused of 'cowboy' behaviour...

  1. malmanu
    16,951 Posts.
    lightbulb Created with Sketch. 844
    clock Created with Sketch.
    23/02/18
    22:14
    Post #: 31305421
    'Pump and dump': Macquarie Bank accused of 'cowboy' behaviour

    http://www.abc.net.au/news/2018-02-...ed-of-pump-and-dump,-cowboy-behaviour/9474696

    Macquarie Group is accused of running a "pump and dump" scheme, and its workers allegedly engaged in "cowboy" behaviour.(Supplied AAP)
    "You've been Macquarie-d!"

    That's what Cleveland Mining Group director and investor Glenn Simpson was told by brokers about the implosion of his company, which is being examined in a Senate inquiry.

    That's when he knew: "If this is what they're doing, they're probably doing this to other companies."
    Last edited by malmanu: 23/02/18
    CDG Price at posting: 7.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
NEWS Gold producers Alkane and Mandalay make merger official
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.