SPX 8.33% 1.3¢ spenda limited

I think the problem stems from the original Trading Halt which...

  1. 12,833 Posts.
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    I think the problem stems from the original Trading Halt which endeavored to link the reasoning of the TH to BOTH the capital raising and and announcement in regards VISA ......and then FISERV ( which muddied the waters further ) .

    And if this isn't a blatant attempt to manipulate the Share Price and capital raising pricing around another announcement - it's no wonder the ASX is wanting to scrutinize the hell out of this.

    And because of this , you have the additional aspect of how is it that they decided to launch a capital raising at exactly and coincidentally the same time as they were finalizing this deal. It totally smacks of ' inside ' trading and timing , and opportunity with as some have pointed ..... the Institutional buying occurring ahead of the pre-announcement trading and the halt.

    So I guess it is natural for some to have reservations about these Guy's abilities and more so their intent in ' feathering ' the SP in their favor. Absolutely NOT professional in my opinion. frown.png



 
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