What has changed since the 500k placement?
Fortrend has no incentive to sell at a loss anymore.
They have been selling at every opportunity for weeks, right? Are they going to sell into the 277000 bid at 6.1 today is key IMO. If they dont its likely they will hold to sell at higher prices which is very very good for holders...
Supply may have just ended and that means buyers will be happy to buy. Traders will be looking to buy...
THINGS MAY BE CHANGING REAL FAST IMO,,,THIS COULD BE BOTTOM...
I am hoping the bid at 6.1 stands and more buyers see what is happening here. Not much for sale below 10 cents,,,,Could be back over 8 in a few days IMO
- Forums
- ASX - By Stock
- AUL
- mount mulligan ilua 1-500 tonnes coal target
mount mulligan ilua 1-500 tonnes coal target, page-18
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)