CCC continental coal limited

share price manipulation, page-3

  1. 13,575 Posts.
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    THIS is EXACTLY the kind of insto/broker behaviour Ive been banging on aboutAbu.

    Thanks for that link/post guys.

    And I love your comment,"thats the market"!!!

    Its interesting you say that, because, its just how the AIM market can work,EXCEPT they are open about it!

    This is why they have nominated brokers with a sponsor.

    The whole point of the nominated brokers is to create a market BETWEEN the brokers, BUT, I take it it would be predominantly on behalf of those boutique funds and well heeled buyers that were talked of when we were having a chat about how the AIM market works.But I certainly wouldnt discount possible similar manipulation based on short term trading IF Continental stays with the same register structure.

    I think this is why they are looking to a decent consolidation around the same time as the AIM listing.Theoretically it should minimise such volume related trading and will make it much easier for them to raise more capital without diluting too much relative to their assets and potential profits down the line.Of course it wont matter two hoots in terms of dilution for current holders as its all proportional with what they would hold after a consolidation.

    d.
 
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