Gold boss manipulated market with online posts FMA alleges

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
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...

More Markets

Numbers and letters for investors
Markets

Simon Robertson: Numbers and letters for investors

A plea for standardised financial reporting from NZX-listed companies.

NZ sharemarket has quieter day after yesterday's swings
Markets Market close

NZ sharemarket has quieter day after yesterday's swings

A late rise gave the NZX index a little boost. 

Graham Skellern 01 Mar 2024
NZ King Salmon nets big win with ocean farm approval
Markets

NZ King Salmon nets big win with ocean farm approval

New Zealand First is pleased about a New Zealand first.

Gregor Thompson 01 Mar 2024
Authority to investigate 'extraordinary' electricity event
Infrastructure

Authority to investigate 'extraordinary' electricity event

Incorrect pricing used on one of the coldest nights of 2021, high court rules.

John Anthony 01 Mar 2024