My thoughts are that this is a pump to get support for a massive cap-raising to come. Even worse that it started with what appears to have been an orchestrated dump.
Otherwise where is the money for Trinidad coming from?
Please correct me, but my take from recent reports is that we currently have next to no cash.
"I have no idea what could have caused the sudden 67% increase in SP?" ...followed directly by a TH!...the stock market system in Australia is so corrupt.
Dozens of companies engage in insider trading at the expense of us normal shareholders - the SP evidence speaks for itself -why is it taken for granted by everyone including regulators. The best we can get is some insipid speeding ticket? Please!
Is "sophisticated" supposed to mean "takes advantage of insider knowledge"? Beacuse I would have thought that is supposed to mean "corrupt".
Like the sophisticated, we will not take any money with us when we die, but WE will have the advantage of knowing that we played fair, and that our life was not a sham.
You can die as a billionaire, but if you engaged in deceptive market practices and insider trading, you will die a common thief (directed at the living).
No sainthood.
IMHO MHLO
MHL Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held