SSS 3.92% 4.9¢ sam's seafood holdings limited

market depth amazing!, page-23

  1. 11,407 Posts.
    dont listen to me on it...simply google them...its all there to see....ASIC / Insider trading / delisted....

    But miraculously...Sams Seafood is jumping from stinky fish to being a coal mining company.

    Its not like the mining company's that turned in dot.com company's when dot.com was hot?

    Anyway.....am sure they're all legit and above board and the 500% rise over the last few months is simplya natural progression for this share heading to the moooooon!!!!!!

    lol.


    BAD SMELLIt seems the Australian Securities and Investments Commission thought there was something fishy going on with trading in Sam's Seafood shares four years ago.

    The corporate regulator alleges Noel Stephenson, of Pymble, engaged in insider trading by flogging 4514 Sam's Seafood shares when he knew one of the fishmonger's creditors was about to call in a debt. At the time, Sam's was trading at about $1 a share. It later went into administration. Mr Stephenson will reappear in Downing Centre Local Court next month.

    Sam's has since come out of administration and received a price query from the ASX on the 0.2c surge in its shares to 1.9c last Friday.

    One explanation from Sam's was its engagement with ''a reputable investor relations group in Canada to assist with the companies future promotion''. It also noted it was assessing a potential drilling program in Indonesia. Sam's, a fishmonger only by name now, has since moved into exploring for coal.

    http://www.smh.com.au/business/how-do-you-solve-a-puzzle-like-octaviar-20091011-gscz.html
 
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Currently unlisted public company.

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