Just as I forecast 3 weeks ago. 20 cents a share. The share...

Just as I forecast 3 weeks ago. 20 cents a share. The share price was tanking towards 20 cents because the purple circle such as instos were in the know on the price and were selling knowing where it was going.

When you look at the price of the issue i.e. 20 cents and the share price which would have trading on market i.e. 27 - 30, its a pretty limp wristed effort by the directors to take such a big discount in a rising gold market.

How hard did they try?

At least the purple circle got to grease their wallets.

Mug punter slaughtered again.

I trashed out at 27 for a break even because it wasn't heading north when it should have been and which meant the placement was impacting.