Something going on behind the scenes on Foreshore and Seabed repeal

by Jake Quinn

The iPredict stock titled ‘Foreshore and Seabed Act (2004) to be repealed in 2009’ has plummeted in value from around 0.75c (%75 likelihood) to 0.55c (%55) over the last few days.  There is nothing in the newspapers than I’ve seen, so people behind the scenes know something we don’t. 

(Disclaimer: I am not trying to talk the stock down, as half my portfolio is in it!)