QIN
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0.00% 29.5¢ quintis ltd

QIN AKA Trading Places, page-216

  1. buffetman
    131 Posts.
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    16/05/17
    14:53
    Post #: 24719865
    trav2012 is right - VWAP is what matters, not the peaks and troughs. The true value and any takeover offer would be based on volume weighted share price not a spot when a retailer 'trader' panics and does an at market sell.

    If I wanted to buy 1mill shares, it's unlikely I'd find someone willing to sell them to me at 29.5c per share.

    Anyone know how to source the 21 day VWAP easily?
    QIN Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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