Media one Global is an example how promoters can make money in a bull market.Its name was Rajmatha Investment in its earlier avatar.There was about 1000 share holders all together for this company earlier .Shri Pathee Investments Pvt Ltd made an open offer at a price of Rs.11/-to this finance company and after that changed its name to the current one. Then they issued shares in the ratio of 5 shares for every one held (almost fully held by the promoters itself at that time ) and a right issue at cheap rate. Then they started to rig the share price from Rs.8/- to Rs.181/- in just one year accompanied by a lot of announcements on a daily basis to lure the retailers.After that they have started to offload the shares .
Want to make money in this method -Only cost is some money for
arrangements for open offer for any junk company ,some announcements,few lakhs to bribe authorities(if there is any inquiry during price rigging),link with some operators and lot of guts. Trying this ???
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Showing posts with label Mediaone Global. Show all posts
Showing posts with label Mediaone Global. Show all posts
Wednesday, May 12, 2010
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