PDY 0.00% 0.7¢ padbury mining limited

It was concerning the gold. And it was probably the same person...

  1. 1,580 Posts.
    It was concerning the gold. And it was probably the same person that misled you! Regrettably, I did not discover that the gold was not in abundance as I had been led to believe, as early as you did, and held on to ownership of my (at that time) fairly substantial holding until the share price had declined to less than a cent.

    Since then, of course, there have been times when others have been able to make very good returns in trading the shares - when it rose up to 5.1c last year. Blaming DM for the decline in sp value cannot be substantiated. Was he also to "blame" for the sp going up? There has been huge turnover in the stock (far far more than what DM owns), and capital raising being done - with possible new shareholders receiving shares (and a free option) at 1.7c since then. The capital raising itself caused the sp to fall, and as the sp fell, do you think it's possible that the recipients of these shares cut their losses as the sp continued to fall?
 
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