A subscriber writes:

Have a lookat the recent share price history and trading volumes for dot-com minnow GPS Online (code GPO). Surely an ASIC investigation is due here? And what really p*sses me off is that I was given this tip a few weeks ago at a BBQ. But like all good BBQ tips, I ignored it…

CRIKEY: The chart shows that GPS Online‘s share price bolted from 0.021 cents to 0.029 cents on September 29. The company called a trading halt on 13 October. On 17 October the company announced it was acquiring Advanced Mining Technologies for $10 million. Since then, shares have risen another cent to 0.043, and the volume of shares traded has increased tenfold. Interesting.

Get Crikey for $1 a week.

Lockdowns are over and BBQs are back! At last, we get to talk to people in real life. But conversation topics outside COVID are so thin on the ground.

Join Crikey and we’ll give you something to talk about. Get your first 12 weeks for $12 to get stories, analysis and BBQ stoppers you won’t see anywhere else.

Peter Fray
Peter Fray
Editor-in-chief of Crikey
12 weeks for just $12.