anyone noticed manipulation of share price, page-3

Determination date for the dividend reinvestment price starts on 23rd March and runs for 5 Days.

Potential is for $5.5 million of dividend to be re-invested into company. Average daily turnover is only around $250K

Those participating in the dividend reinvestment would benefit from lower purchase price. I suspect some interesting trading between now and 30 March.

Possible scenario I could envisage is for some fund managers with capital losses from other shares, squaring up using MTU market sale which would be replaced through the Dividend Reinvestment. As long as they dont sell more than their dividend entitlement any negative impact from the market sale would be evened out in the purchase price of the Dividend Reinvestment.

I am participating in this Dividend reinvestment The lower the price is driven the happier I will be - It will recover!