ARI 2.94% 3.5¢ arika resources limited

Sounds good Beardy, but I doubt it is going to get us anywhere....

  1. 235 Posts.
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    Sounds good Beardy, but I doubt it is going to get us anywhere.
    Maybe you could complain to ASIC about the share price manipulation that is going on right now. There seems to be a team working to hold the share price between 1.8 and 2.0. There is a price wedge at 2.0 that has not changed over the past week. A similar pattern of skimming the 1.9s and 1.8s at the end of the trading day.
    I wouldn't be surprised if they are associates of GSO asked to hold it there so if the rights issue is nominated, GSO will pick them up at this ridiculous price.
 
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