the ELM share price performance is not looking so hot since the JORC announcement touched $3.00
what do we think?
profit taking or manipulation?
case in fact:
as the market was recoveringfrom the GFC, an iron ore stock named UMC, which found some top quality iron ore, was $1.20 per share. BHP employed Citicorp to push the UMC share price down to 70 cents and then BHP made a takeover offer at $1.20
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