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5,466 Posts.
477
29/09/14
10:29
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Huge sell off Friday close and today open. What does it mean ??
1. Tip off of poor drilling results so the "mates" who bought at .08c (illegally, and subject to ASX comment) could sell at 1c for 25% ???
2. Tip off that a consolidation is on the way to get rid of that 1c - 2c open/close rip off ???
3. Even worse intervention by the ASX to clean up this nest of vipers ???
Always check the management (this company has none, all directors are non-execs !!!) specially if there is a promotion (paid for by company) on NEXT.
Cheers