Red - I am aware of this. however one of the biggest credentials of all with a listed company is the stock and its price and also how it trades!
many times before i have bought into "bargains" and then for weeks/months the stock doesn't trade like it should be.
Eventually after a while the reality is released - weather it by a profit downgrade or whatever.
This is not always the case, but it is resonably common. I just want to ensure that it isnt the case here.
I think once you have clowns putting sell orders for 1.8m on the screen, and other clowns selling parcels of 1.25m (yesterday) and you are supposdly holding a stock that is one of the cheapest on the ASX you have the right to start asking some questions.
Hopefully the company can step in now and organise a cross trade to clean out this seller as i can tell you at the moment he is TOTALLY controlling the price of ETC.
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ETC
entertainment media & telecoms corporation limited
blackrock key ideas for july 2009, page-7
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