Issuing GDR and buying the same in xyz name and dumping the GDR shares in the market the very next day of the issue(GDR issued when the share price was Rs. 13 and offloaded the GDR shares when the price was in bewteen 13 and 10) to bring down the share prices to Rs. 3 and collecting the shares
11.49 AM Oct 10th
Lonkar and others are solving all the problems one by one. They added some new productions also. So once the GDR issue is over, it will fly. This time the results may be better.
2.03 PM Oct 6th
If you say this is profit making company and one of assets itself worth its market cap, then why it is trading below Rs.4 for a month and fallen from 700 to 3.30? As you only said, it is a big scam company and GDR issue is a big legitimate scam. That is stock price was beaten down such heavily.
12.54 PM Feb 7th 2013
Thanks Headstead ,I wanted to hear this because everybody is sitting on huge losses in this counter and nobody here is responsible for this except management .we are friend and this board is to share our grievances but for now the truth is share is making low daily even when a GDR issue announced
12.19 PM Feb 5th 2013
....... then again the frustating distribution to retail investors through gimmick GDR issues etc .....the stock price will come back to Re 1.........Thats how over a period of three to four years, the management has the retail investors` money diverted to its own pocket........that indeed is the game plan of India
8.47 PM Jan 31st 2013
About reasons for this fall - all GDR issued companies fell like this. Reason not known, but factual. Nobody can tell you where is end to this. It can be Rs.1. or 50 paisa. Be prepared for that. If this company has any fundamentals/future - investors would have jumped to invest when this share
4.30 PM Jan 29th 2013
Rajjjj - I think you are in your own optimism that promoters are accumulating shares and will go up at later stage. But you will be utterly wrong. There are no cases where company share price went up when it fallen because of GDR issue. Just careful. Also about offer volume - you may see
4.11 PM Jan 29th 2013
GDR issue price per share is 10.90 Rupees. It was for public looting only. If US listing SEC laws are applied sala looses will be behind bars for 200 years. Entire GDR will be liquidated in market after that only you can expect some relief for small investors. The road ahead is very long.
5.27 PM Jan 28th 2013
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