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24/03/17
11:24
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Originally posted by BobbyKennedy
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Harba - that's a ridiculously ill-informed post. Even if there were 'market manipulation' occurring, the company is powerless to stop it. The ASX is a freely traded market. Anyone can buy and anyone can sell for whatever price they want using whichever tools are legal under Australian law.
There's no manipulation going on here! And to suggest that NUH management "protect the manipulation" is plain ignorant. I'm not sure how much experience you have with ASX companies and/or CEOs of ASX companies but they tend not to worry about the daily movements of the SP. Their goal is not to ensure Harba is happy with the SP at the end of every week, it's to ensure the company's strategy is properly executed on time and on budget. Only then will SH value be realised.
The SP will move up and it will move down. It wasn't long ago that we were dwindling on the 4s. Since then the coy has done a LOT to add value and we'll see that in the SP in due course. Right now, Mr Market is correct is viewing NUH as a speculative play as opposed to a money making enterprise. You don't just hit the transition button to profitability - it takes time and effort.
Let them get on with their job. They have far more at stake than you do.
If you all are so concerned about $30 parcels pushing the SP down, step up with your cash and absorb it. Simple.
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BobbyKennedy, very easy to label my post ill-informed. I call it the way I see it and you have your head stuck in the sand. Take the rose coloured glasses off for a minute and if you can't see the inside hack job on this stock then fairdinkum I rest my case.