ESR 0.00% 1.5¢ estrella resources limited

Ann: Mt Edwards Lithium Project Update, page-53

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  1. 11,185 Posts.
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    Pints,

    To continue to buy shares under these circumstances goes beyond my level of comprehension no matter what you think of the prospects or the parties aligned to the company.

    The shares fell in the last days because someone knew the results. If there had have been 2.5% Li2O in those results do you think people would have been "taking profits"?

    This company needs to explain when they got the results so we can know how long the share sell off was going on while they had the results at hand. If they had the results while the shares were bring sold off, the change in price and volume would have been enough to put the shares into a halt so that no shareholder was getting an unfair advantage. It is fair enough that a company becomes overvalued on speculation, but it is not fair that the speculative bubble is burst by people with inside information. If the Directors weren't privy to the results before late yesterday they should be asking questions of the assay labs confidentially arrangements or if they did have the results before then they should be investigating their staff or anyone with access to that data who might have leaked the results to shareholders of the company. Many people have lost money here and the company should be supported if it has done nothing wrong. But we need some answers. Esh
 
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