The daily Phumelela share prop up

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The daily Phumelela share prop up

5 years 7 months ago
#774450
I have a bottle of whisky riding on this share price so I am an interested observer. For the last few months it has been the norm for a last trade adjustment - often an amount of 500 shares to be traded just before the trading bell to prop the share up to about where it was at the start of the day.

I wonder why they are doing this as when the apocalypse hits in November the price will be affected. Appearances seen very important it would seem - along with the hail Mary hope of getting the 3% back.

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Re: The daily Phumelela share prop up

5 years 6 months ago
#775817
Today 65000 shares traded at 205

The prop up of 250 shares at 219.

Many more examples of this, I will be sending the last 60 days trading to the JSE and will be asking for an investigation.
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  • Sylvester
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Re: The daily Phumelela share prop up

5 years 1 month ago
#786215
closed at 80 cents last night.
market cap now about 3.5 million pounds if u got some spare change.

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  • Muhtiman
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Re: The daily Phumelela share prop up

5 years 1 month ago
#786219
...throwing more very bad money after bad money....when will it eventually end...tIts up time right around the corner....:sick:

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Re: The daily Phumelela share prop up

5 years 1 month ago
#786221
There were massive volumes traded yesterday, way above the norm.

I think Muhti is 100% correct we are seeing the end game of these evil bastards hopefully. Expect some type of SENS very shortly detailing either Business Rescue or liquidation - there are no other options unless they have secured funding but my sources tell me many suppliers not paid so this is doubtful. The volume in my opinion could be insiders with knowledge unloading what they can before the suspension in trading is announced.

My prediction is PHM will be SUSP in the next week.

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