Gold boss manipulated market with online posts FMA alleges

Matthew Hill (right) has been accused of market manipulation while Charbel Nader (left) says the FMA should regulate the forums. (Image: New Talisman)

Dan Brunskill

Thu, 12 Aug 2021

The Financial Markets Authority is bringing a market manipulation case against New Talisman Gold Mines chief executive Matthew Hill, claiming he made misleading posts in an online investor forum.The regulator has filed civil high court proceedings against Hill after a 12-month investigation into posts he allegedly made about the company on the Sharetrader website.The FMA claims Hill made dozens of posts on Sharetrader in a thread about New Talisman under two usernames, “bullish” and “Epithermal”, between 2013 and July 20...

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