Friday, July 04, 2014 7:31:42 PM
There is a very handy ihub app for tablets and smartphones. All trades are listed. Closing price on the 3rd was due to a trade of 4 shares, 50 cents!.
Don t see evidence of manipulation. Bit worried about a few parcels that went through earlier this week at 11 cents. Get the feeling that it might have been a long term holder taking a poison pill.( Hope I m wrong )
Market in SMME is illiquid and price will react strongly if larger volumes are traded, one way or the other.
Hope to hear more this month if Chaya managed to attract some new investor interest and also interested how the legal issue will unfold.
For the Chinese the number 8 holds special significance . Lets hope the 8th day of the 8th month of the year brings will bring us all good fortune.
R.
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