placement based on todays low..., page-88

I have been watching the GDN thread with interest.

As a neutral I have considered GDN and decided the risk-return tradeoff was not good enough - too much downside - other better plays in the market.

I have kept my opinions to myself but I have to respond to this latest theory about market manipulation.

The market manipulation some are suggesting has happened is illegal and the ASX monitor the market for just such activity. You can throw this theory in the bin - its rubbish.

The facts are it has been a disappointing finish to the hole and therefore the share price has fallen - not because of market manipulation.

To be perfectly honest money in GDN would hardly qualify as an investment - not much different to going down to the casino and having a go a roulette - red or black.

I hope things turn for the better - best of luck GDN holders.