How is it that this stock has quadrupled with no meaningful news...

  1. 5,410 Posts.
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    How is it that this stock has quadrupled with no meaningful news and with an NTA of - Minus $1.08 - that is negative net assets of $1.08!!!!!!!
    The Board has to be keeping something material from the market - despite denials in their reply to the ASX Speeding Ticket.
    Interesting that someone bought 20m shares "on a whim" yesterday at 15c.
    Why the rush to get set I wonder.
    Tell me something isn't going on and that the new cornerstone investor did not have better information than the rest of the market.
    I call it BS.
    Sack the Board - they cannot have acted with honesty and integrity for the shares to have performed as they have.
    Shareholder communications continue to be a joke - only insiders know what is really going on.........
    Where is the regulator?????
    DDD
 
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