We'll see dabear... I think I will be happily buying back in at 3 c or less on open!!!
What you have to understand here is the severity of a suspension lasting so long. There where a shit ton of t+2 traders buying in on the 13th who have had their funds held in limbo for nearly 3 weeks. Now this seriously ruined their settlement strategies (as they were not able to buy and sell within two trading days and hence have a very negative sentiment towards Wangle. Now what will happen is, all of these holders will be out of the gates on open and there will not be one buyer in sight. I might actually place an order for 2 cps and see if it gets a nibble!!
GLTAH
Ann: Extension of Suspension-WGL.AX, page-58
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
