Hi Scorpio I totally agree. Nothing P**&es me off more than traders selling down to buy cheaper. It's hard to tell if that is what todays small parcel was as it wouldnt make sence. The difference between the buy orders at 0.017 an buying them at 0.018 is only $20 so why would you even bother. Just grab them at 0.018. A lot of the time it is moronic. The majority of the small parcels just bought up would have been the result of the 20/1 consolidation we did and at least they saved on the fees. They have also had ample time to increase their holdings in order to hold on to their shares. Ive had this happen to me several times also. One time I didnt get the mail out so wasnt happy. The majority wont get much but it will save the company heaps. But I totally agree that there needs to be better control on small parcel sales and a broker selling collective parcels would be better for holders and stop this manipulation.
FNT Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held