Thanks Grant62. Very useful information.
What I've been considering is the background of Findlay & Co. Remember, Findlay's were the ones who were behind New Tel Limited (NWL) who are now dead.
If I recall there was alot of selling before NWL were suspended and subsequently placed into administration last year. For me, it looked like a clear case of insider trading, and if I recall correctly selling was prominent by Findlay.
There has been alot of newspaper stories, mostly by The Australian, about Findlay's (specifically Ivor Findlay and Robin Armstrong and their staff) allegedly receiving free mobile phones or accounts. The stories implying that these guys got kick-backs in exchange for favourable coverage etc. Yes, we all knows that goes on in the industry ... but the characters, history involved in Findlay immediately causes me some concerns.
No doubt, they will pump this for all its worth .... as you would expect. Just hope the rest of the market goes into it eyes wide open.
Short term glory ... hahahhahahah.
Good luck to all that hold.
- Forums
- ASX - By Stock
- preopen
MUL
multiemedia limited
Thanks Grant62. Very useful information.What I've been...
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)