Its funny, the price rose to 82c in th morning and then suddenly 550k more buyers came onto the scene. Where were they when the price was moving up.
Seems like the manipulation is still occuring. I thought after the placement the ball would get rolling. It is interesting hearing, on a number of occasions, "getting the ducks all lined up" does this mean directors buddies on board at cheap manipulated prices beacause I dont know who else needs to be on board now that the placement has occured.
And Dewy, with regards to your comments about my placement comments, I have seen companies make placements to there existing shareholders, PAA is one Im watching, and the price has doubled in the week after. The existing shareholders like capital raising because it means the company is on the move. New investors just start off-loading for profits, which is what we are probably seeing now with CQT. If CQT doesnt watch out the price might go below the placement price. The only hope I have is that the sp will fly soon, definitely before the AGM otherwise JT might have to put up with a few upset shareholders.
CQT Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
