GXY 0.00% $5.28 galaxy resources limited

Top 20shareholders as 30/06_BR Coming First!, page-45

  1. 1,531 Posts.
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    deutsche bank's DSO article published, yet they are picking up non DSO Li mining shares?
    macquarie bank lithium over supply article rescinded and what have they been doing?
    This evidence of manipulation with no action means asic is toothless.

    They can do whatever they like with the borrowed shares, though, I object to the complicity of the hedge funds. It is illegal to collude to drive the price down but again and again we see them joining hand in hand in shorting the same stocks. It is the only way it works for them. If one of them does a Tony Abbott it all falls in a heap. How can they all have the idea at the same time? They are colluding, this is what Asic should investigate.

    Imo the retail holders still hold a large position in ORE, GXY and PLS and they will continue to try and wrangle that last share out of the nervous and desperate. Gxy has had a solid run of good news, imagine if there had of been a legitimate negative story? It would have been a blood bath.

    The shorting may also have an effect on the company's ability to borrow or raise capital from outside of those company's manipulating them, it is a vicious circle.
 
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