SGH 0.00% 54.5¢ slater & gordon limited

Time to abandon ship, page-44

  1. 3,827 Posts.
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    Its a good question and can't be answered 100%. I've posted answer before to this question.

    There's 2,500 SGH staff in Australia. If they and friends family had tiny tickle on buying, it would make a huge difference given small volumes being traded.

    I'm deducting from
    - number of staff as possible buyers (let alone their friends and family)
    -lack buy volume.

    Do the math - a mere 10,000 shares each or $3,000 would explode the buy side.

    My reading: it's just not possible there's buying from there given trading patterns.

    Seen similar before where less staff to buy. They won't and aren't: but punters still will.

    Only logical conclusion almost no staff buying, but I'm open to argument and correction if you think differently.
 
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