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6.6¢ cradle resources limited

All good - many thanks again!! :)

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Dentie

1,085 Posts.

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26/07/16

07:29

Post #: 18363992
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Originally posted by nihilism ↑

Not sure on the broker commentary, I know that the ASX does not normally get involved pre-trade. I've questioned them on this but their common response is that they are regulated in a reactionary way and as such they also act in a reactionary way.

There may be something else going on with the broker/ASX system that we don't know about, or maybe they have changed it recently (which if it was to stop manipulation I would be all for!).

Ah that sucks, Maybe it's the specific dates? perhaps you could request the latest 2 that they already own and that could give you some idea of what you're trying to find?

I think it makes you part of the tides, not necessarily manipulation. You did not sell or buy with the goal of manipulating the price, but rather you saw an opportunity to sell high and buy low, which we all should aim to do.

This stock doesn't have huge volumes so its always going to have the liquidity issues that are apparent with any stock in a similar position. I am long-term on this, I can see the value in both the mineral they are chasing, the deposit itself and the management team.

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All good - many thanks again!!

CXX Price at posting: 25.0¢ Sentiment: Hold Disclosure: Held
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