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Ann: Trading Halt, page-19

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  1. 1,719 Posts.
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    Talei, you're certainly correct in terms of experience in advertising. Nettlefold, which I'm guessing was a family company, has been a leader for decades.

    A bit of recent history on the share price. Prior to the capital raising the shares were smashed from about 120 to about 110. Coincidental ? Then the placement, to clients of Baillieu, took place at 105. Cynically, I would think that many of those who took the stock had never heard of it but were advised that taking stock would be profitable. The onus was then on the broker to make that happen. Hence they needed fresh buying. I reckon they are still trying to drum that up. Whether they succeed or not, who knows ? Baillieu advisors, I suspect, would be encouraged to promote the stock to their clients.

    In my own case, it's been very marginally profitable, but as you know, Talei, I'm out. In a sense, I'd like to see the price drift lower to justify my selling, but that's just my own investor psychology. As you say, you're in for the long haul, and fair enough. Good luck.
 
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