Another Scam !!

A 1000 crore scam is being talked about by the TV Chanels. The company involved in bogus transactions is AUSTRAL COKE...

Would appreciate some comments from Traderji and other enlightened members on this ..

Best regards

yes, n don't know, how many more Indian companies to reveal it.

looks like preplanned scam, IPO then stock split , fishy from start.

hang such people. :annoyed:

playing with people's money and sentiments


dar betha diya , na jaane kab konsi company ka scam aa jaye

I sense an opportunity on the stock..at below 20 rates......someone will take it over...see Maytas is being chased by everyone now

Actually if you look at the history, they will get away with minimal punishment and the only good thing for us will be that they may not be allowed to repeat their mistakes.