Looks like you like getting manipulated by large institutions. You love that they play around with your money. Good on ya.
Share price dropped from $6.35 to $4.97 in a month after a share price target of $8. Prime1's reason, was because of an article released today about a potential civil war in Mozambique which is a rumour according to him. So what caused the downward trend for the other 29 days then ? People are selling. Perhaps they are finding it hard to see the imaginary spherical plant and imaginary 350kpa offtakes...and yes maybe the potential civil war too which may have actually been caused by Credit Suisse in the first place by funding the illegal arms deal and forcing Mozambique into debt and hiding it from the IMF, which has caused unrest within the country.
"Activists have condemned Credit Suisse and VTB of Russia for lending $850 million to Mozambique in 2013 that was used mostly to buy military equipment, despite telling the public that the money would be used to buy fishing boats.
Today Mozambique says it cannot repay the money and has been negotiating to issue a new set of bonds at 14.4 percent interest to pay off the original loans.
"Credit Suisse is responsible along with the Mozambican government for these debts being hidden from the Mozambican people and the IMF (International Monetary Fund)," Tim Jones, a policy officer at Jubilee Debt Campaign, said in a press release. "It is unjust to lend money for military purposes, and irresponsible and undemocratic for such debts to be covered up. Credit Suisse and VTB should pay the price for these illegitimate loans, and should not be bailed out by the IMF or anyone else."
http://www.corpwatch.org/article.php?id=16076
it's all starting to make sense now...
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Last
22.5¢ |
Change
-0.020(8.16%) |
Mkt cap ! $232.8M |
Open | High | Low | Value | Volume |
25.0¢ | 25.0¢ | 22.5¢ | $2.259M | 9.657M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 240034 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 212500 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 40090 | 0.225 |
18 | 574407 | 0.220 |
16 | 616166 | 0.215 |
17 | 256942 | 0.210 |
9 | 277351 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 212500 | 3 |
0.240 | 120700 | 3 |
0.245 | 20000 | 1 |
0.250 | 225702 | 5 |
0.255 | 69816 | 3 |
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