manipulation of s/p, page-3

... a couple of points:

1. I'm not sure that a $7500 trade by a director is a signal of enormous fortunes ahead ...
2. I'd rather not speculate on RRS's position. Instead I bought a copy of CTR's share register ($250 later plus extended debate with Raven re my entitlement!!!). To be clear , the top 6 shareholdings (representing about 29.15% of the register) are as follows:

a. HSBC ~ 88240156 (7.42%)
b. Range Resources Limited 82353073 (6.92%)
c. Fitel Nominees Ltd 51924705 (4.37%)
d. Park End Limited 47500000 (3.99%)
e. Seventy Three P/L 43578125 (3.66%)
f. Park End Limited 33221518 (2.79%)

Notably, RRS's position is significantly less than the well worn out declaration of 19.9% ...

It's possible:
~ RRS's claimed holding is in the names of a lot of small holder. That would make disclosure an interesting note;
~ RRS does not own the shares any more. Its hard to imagine a cash poor company selling shares I suppose ... not
~ The register provided by CTR to me pursuant to Corps law is a pile of crap... entirely possible

"So what" i suppose is a fair question?

If RRS lend CTR money, its repaid in shares at generous prices relative to what mug punter like me can acquire them. If CTR lend money to RRS, I'm not sure what I'll get. Maybe an opportunity to chat with a liquidator about how I can simply get in line with all the other poooor sods!

RRS is presented as a strategic investor ... in what way I wonder? Why present RRS as a strategic investor when in reality its possibly only a conduit for offloading parcels of shares?

For me, if the relationship with RRS is a sham, that reflects on CTR management. In turn perception of management reflects on the share price of CTR. That ultimately reflects on my pocket.

Just some thoughts.