Case Study: IMX Resources

On August 16th 2014, IMX Resources LTD lodged an ASX announcement about a graphite discovery using a broker report. The ASX Announcement was lodged on the 16th of August and there were approximately 4m shares traded on that day.

The very next day IMX Resources distributed this same news to the HotCopper database and coincidentally there were then 65m shares traded and the share price increased by 44%.

IMX-700x495

Disclaimer: HotCopper is not claiming responsibility for influencing the share price in anyway.