HAW 0.00% 5.3¢ hawthorn resources limited

Think that it is ASIC who need a kick up the a.HAW is not the...

  1. 629 Posts.
    Think that it is ASIC who need a kick up the arse.

    HAW is not the only Company with good assets and prospects trading at a huge discount even to its`cash in the Bank.

    A market price should be the aggregation of all the actions of all the participants.The more dealing by small investors the better the true reflection of Company worth.

    The retail investors who should provide the real picture have fled and are still fleeing the ASX which is manipulated by brokers with programmed and individual trades to distort share prices to the downside,giving opportunity for them to acquire at less than true worth generating action for them through eventual market correction and putting small Companies at their mercy when it comes to cash-raising.

    This is not a victimless crime - it constitutes the legalised robbery of small Companies`assets from their owners.There is no true market at all in these small cappers and the fault lies with ASIC evidenced by its`recent smug announcement that it is business as usual and there is nothing that they can do about it anyway.

    Absolute disgrace - these jokers are paid to provide a fair market and they are totally failing to perform.

    Drill results for the neck at Anglo-Saxon due early July -wouldn`t sell in the meantime if you don`t have to.
 
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