A trader who pumped up and then sold penny stocks in sectors from mining to electronic goods has pleaded guilty to share manipulation, in a historic case involving posts on website HotCopper.
Gabriel Govinda, using the online identity Fibonarchery, even once boasted: “Dummy bids are all part of the fun and games and cat and mouse of the stockmarket!”
Loading...
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
