SP Manipulation15 Feb 2021 10:26
I wouldn't want any of you to construe what I am about to say, as being unduly negative, and I am a strong believer in the the medium to long term prospects here, and the true underlying value in the SP based on the facts as they are currently known. What is clear however, is that this share is, and has been in the last six weeks or so, the subject of pretty clear manipulation as a result of which the SP is now at level which bears no relation to where it should be, based on known fundamentals . The question I am asking myself is this........."is it prudent to invest in a share that is so obviously easy to manipulate to the extent we have seen here?" I know that all sorts of shenanigans take place elsewhere but this seems to be a pretty extreme example.
For the avoidance of doubt I have been in here for a year, and am well in at an average in the mid teens , but none the less am slightly uncomfortable at being so obviously manipulated and shafted by the massive reduction in value.
ATVB
Davie