They then lob em out for a quick double your money.
This is exactly whats happening 'now'.'
These mysterious P&D brokers you are talking about Morgy, have they also agreed to pay Nuinsco $5.1 million for a 3% Cameron Project Smelter Royalty do you think? You know, to help that P&D along?
And you will also find, if you do any research, that ALL of the recent 5.5c CVY placement went to either substantial holders (Sun Valley, Macquarie Bank) or Directors.
Now you understand the ASX rules, right mate? If ANY of these new shares are sold by these players notice of change on interest has to be filed showing the sales.
Have you seen any in the last 10 trading days since CVY has spiked?
Didn't think so. But keep an eye out for us!
I don't believe for a minute you hold any CVY. Downrampers rarely dump on their own stocks champ.
CVY Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held