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mirren

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18/06/17

18:32

Post #: 25343706
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Originally posted by mirren ↑

While you guys are back to discussing the ins and outs of the financial REALITY
Just thought I would add a chart to the mix-
The other day I was pondering what will happen and thinking about when we will see the announcement regarding DFE-
So I pulled up a monthly chart that goes back 5 years - Then I had a look at the whole history- from 2007- From listing it hovered around $1.50 until 2012 - which I presume is when all the acquisitions began.
Interestingly the rise to $8 was not supported by huge volume- but it rose and rose-
Looking now in hindsight the first high volume warning was on 1/4/2015
That escalated on the 1/6/2015
Pure panic and high volumes then started on the 1/11/2015 that is when we saw the first huge 300 mill volume step in-
Since then it has been chaos- I'm going to sit back and ponder a bit more as I think the volume on the 1/3/2107 belongs to a different category-
presuming we have reached the bottom- which can't be yet confirmed if you stick to the school of thinking it needs to go up to be confirmed but that was indeed massive volume on that day- anyone care to wade in with thoughts would be interesting View attachment 615465

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Question- who Is playing with it now- my point the smart money was out 1/4/2015- 78 mill traded that day--
Not easy to analyse the ins and outs of the rest but how many shares are actually on issue- couldn't find that on the website-

SGH Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
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