MAY 6.90% 3.1¢ melbana energy limited

Clear manipulation..as you say after every buy there is a drip...

  1. 623 Posts.
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    Clear manipulation..as you say after every buy there is a drip sell of a hundred or so bucks to drop it back a pip most every time.
    It is hugely frustrating.....this is not random people selling small parcels as alluded by the OP. It is orchestrated , meditated and consistent.
    We will end up eoy lower or the same than where we were last year..
    Oppies are dead in the water IMO ,SP will have to be @2.2- 2.5 c sustained and solid to make them look attractive.
    That is near 100% increase from here and without any manipulation.
    Very few buying here ATM, as they feel they are in a loss as soon as they buy as most certainly SP will be played back after the buy.
    Massively frustrating.
    What a totally shite financial year and first half of this year...an unloved penny dreadful plaything in a market that offers zero for holders , aligned for lazy traders who can see how easy it is to trade it 3-4 times a year for small profits......who has gained from this...I keep asking this question..

    H1 18 bugger off, 17/18 fiscal year bugger off....Colin Naylor you do one as well.

    “Things can only get better“......I feel a song coming on..
    Last edited by Spitfire: 28/06/18
 
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