Bikie, I reckon the previous theory is correct and I am sticking with it. Having had coffee with a major holder of fox he agrees and says that is exactly what is happening, although, no one can prove it.
Either way, these folk that are involved are totally on Win Win, because basically, it means they are waiting for the oppies to get smashed and they will pick them at rock bottom prices, or they will continue to buy the stock for in the .90's and they wont pay much if any over a $1.00.
Anyways, it is a sad manipulation practice that is going on at present and the ASX are oblivious to it as they are with many other stocks.
Other people who dismiss the theory or have not commented onto are still wonder WTF is going on, but to me the answer is obvious, so now its a wait till the end of June game, it will continue like this until July and there is not much we can do about it, unless you have about 10 Million you want to throw at Fox.
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