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43.0¢ mg unit trust

Rubbish! There are only 209 million Units in TOTAL... DYOR

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usc75

7,026 Posts.

181

19/05/16

15:17

Post #: 17814505
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Originally posted by Ranghora ↑

Since 27 April to 11:00am 19 May, 78,125.433 shares were traded (about 7% of total shares) to feed this rollercoaster.

Of the total 78 million shares since 27/04, many may have been traded and retraded and retraded, which decreases even more the percentage of shareholders trading (burning) their shares.

I understand that some shareholders have been forced to sell for a reason or another, but it clearly shows that this share has been manipulated to cater to someone's dark interest at this point in time.

Today is a great example ... down to 0.825 and back to 0.865 within 1 hour?

Crazy to see transactions with 1 share, 5 shares and little amounts like this to try trigger some sort of reaction.

This is what ASIC should be looking into. They could easily spot the manipulators of this stock.

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Rubbish!

There are only 209 million Units in TOTAL...

DYOR

MGC Price at posting: 84.0¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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