Is there any law against whats happening in IDL?

light · 1 Is there any law against whats happening in IDL? Mon Oct 31, 2011 10:57 am

light

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Every trading day it takes a 9.X leap with low volumes to avoid price band. Nearly 200% appreciation from introductory price. Don't get caught up! Mad

Deva · 2 Re: Is there any law against whats happening in IDL? Mon Oct 31, 2011 11:53 am

Deva

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Friend, it's having a price band till 2nd Nov. What would happen when the price band is lifted?

Universalgoal · 3 Re: Is there any law against whats happening in IDL? Mon Oct 31, 2011 3:24 pm

Universalgoal

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this will pass 100000 easily

godswen · 4 Re: Is there any law against whats happening in IDL? Mon Oct 31, 2011 3:27 pm

godswen

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If Nawara Capital is behind this their Owner can not shout against other manipulators I think.

suchithra · 5 Re: Is there any law against whats happening in IDL? Mon Oct 31, 2011 3:32 pm

suchithra

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Where are those four letter word+ing regulators?

light · 6 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 11:01 am

light

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Drama continues....
http://www.cse.lk/cmt/upload_cse_announcements/4321320294564_.pdf

Monster · 7 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 11:14 am

Monster

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It's not new in CSE these days. It's another pump and dump strategy. Nawara Capital has purchased it Rs 27/- last month (if I am not mistaken). Look at the profit in short period.

That's why I have said many times, our market deserved to have a crash Twisted Evil

godswen · 8 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 11:28 am

godswen

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Monster wrote:It's not new in CSE these days. It's another pump and dump strategy. Nawara Capital has purchased it Rs 27/- last month (if I am not mistaken). Look at the profit in short period.

That's why I have said many times, our market deserved to have a crash

Yes, And there was a crossing yesterday at 114 rupees, around 700k shares!
I posted about Navara deal sometime back,
http://forum.srilankaequity.com/t11615-navara-buys-idl?highlight=navara

And I don't believe in that the whole market should crash due to SOME overvalued/highly manipulated counters!

deal · 9 infrastructural development limited idl Thu Nov 03, 2011 3:19 pm

deal

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share your views ideas rumors

thanks

Slstock · 10 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 3:22 pm

Slstock

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I don;t know about rumors, but i can only say one thing about IDL.

We rarely heard of IDL even before. No one wanted a shell company all these times until someone bought it for Rs 27.

Now Rs 190.

Why is a company bought at RS 27 worth Rs 190 in a few days?

Welcome to CSE. Mircles. There is some clever share manipulation now .

Maybe it might go to Rs million but I will not touch this share now. Maybe I will buy as a gamble if it hits Rs 10-15 . ( lower than what they bought for) . or when I see a clear plan for future.

Isuri · 11 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 8:29 pm

Isuri

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Thanks, this information is useful. IDL finance report was negative ........wonder how these things happen. We should not buy these stocks at all

rijayasooriya · 12 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 8:55 pm

rijayasooriya

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Deva wrote:Friend, it's having a price band till 2nd Nov. What would happen when the price band is lifted?

Price band is බඩ එලිය යන එකට ඇබ ගහනව වගේ වැඩක්

rijayasooriya · 13 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 9:51 pm

rijayasooriya

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http://www.cse.lk/cmt/upload_cse_announcements/6611320316475_.pdf

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Is there any law against whats happening in IDL?

1 Is there any law against whats happening in IDL? Mon Oct 31, 2011 10:57 am

light

2 Re: Is there any law against whats happening in IDL? Mon Oct 31, 2011 11:53 am

Deva

3 Re: Is there any law against whats happening in IDL? Mon Oct 31, 2011 3:24 pm

Universalgoal

4 Re: Is there any law against whats happening in IDL? Mon Oct 31, 2011 3:27 pm

godswen

5 Re: Is there any law against whats happening in IDL? Mon Oct 31, 2011 3:32 pm

suchithra

6 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 11:01 am

light

7 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 11:14 am

Monster

8 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 11:28 am

godswen

9 infrastructural development limited idl Thu Nov 03, 2011 3:19 pm

deal

10 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 3:22 pm

Slstock

11 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 8:29 pm

Isuri

12 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 8:55 pm

rijayasooriya

13 Re: Is there any law against whats happening in IDL? Thu Nov 03, 2011 9:51 pm

rijayasooriya

14 Re: Is there any law against whats happening in IDL?

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