NNW 1.43% 7.1¢ 99 wuxian limited

I have been a long time holder for more than 3 years and got out...

  1. 169 Posts.
    I have been a long time holder for more than 3 years and got out today for a healthy profit....whew!!!!!!!!

    I have been watching the market depth most days and I have come to the conclusion (but can't prove it) that the share price was deliberately sold down and again deliberately ramped up to it s current high.

    It is strange that the share price only rose after a negative news article about its share performance as well as Chinese companies listing in Australia.

    The Chinese are smart but also very shrewd and therefore the company governance does not have my trust

    Whilst I think the fundamentals are there for the company to significantly grow, periodical reporting is selective and brief and financial health is not growing as it should

    Something fishy is going on especially in the absence of any news

    Very High risk Buy for me
 
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