OTCQX:DMMIF - Post by User
Post by
RONNIE111on Nov 01, 2019 1:17pm
67 Views
Post# 30298134
share price manipulation
share price manipulationYes, justaday, it is obvious that they have put a floor of 16 cents on their shares. My guess would be that it is related parties doing the buying and the selling, so the net cost is zero. The buying and selling give the illusion of market activity. And if any actual investor wants to buy a share in Titan, it has to be a 16 cents minimum, and when the price is manipulated to 18 cents they would need to buy at 18. But as soon as they try and sell, the price drops to 16, and the insiders pocket the difference.
Now if the ASX had a regulatory function it wouldn't be diffucult for them to prove the manipulation. It is clear they have no concern about the companies they list. Good, bad and ugly are all welcome.