Unfortunately this is the work of the inside trader that has been stalking the stock for a while pushing it down. I sold out because the sp was being pushed down for what I thought was a capital raising but no it was to hold it down for a low ball offer in which the board is happy to accept.
IMO it was a done deal and they have the power to take it over if not use this .057c price as a capping method while "someone" trades the guts out of it to get vote. Sad thing is we have seen this many time before and can take months to transpire so many sml holders just get out.
IMO they will have this down to .044c where it will sit as shareholders become bitter and sell to the trader.
Not advice by the way !
Ann: RECOMMENDED CASH OFFER BY HANKING FOR PRIMARY GOLD, page-45
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