black: have to agree .....but certainly if you have a large holding and dump it on the market you know what will happen....
These people don't do things for nothing....its always well plsnned and orchestrated..with a specific objective....namely to push the stock dowb so they can pick it up cheaper....
This is the sort of thing that jeopardises small holders positions and really the ASX should step in.....
In the ASX guidelines there is a clause pertaining to this practice...
If I actually thought they might do anything about it I would bother reporting it....as if they don't already know!!!
I don't have too many of thses but I feel sorry for those who do..
BLY Price at posting:
$2.75 Sentiment: Hold Disclosure: Held