INR 4.44% 23.5¢ ioneer ltd

Ann: Global Geoscience Limited to become ioneer Ltd, page-28

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  1. 4,295 Posts.
    lightbulb Created with Sketch. 1043
    It is a bit odd the selling. I thought it would start to pickup a bit by now.

    Two sides to it, the sell side may be just having stop losses or margins hit, or managed funds selling down.
    The other side is there seems to be a lot of soaking consistently just under the SP, and seems like it’s constantly loaded up ready to soak up the sells.

    Or maybe just coinciding with the standard high percentage historical October sell off.

    Won’t take much for it to rocket ona good announcement. I loaded up again at 25c in and out of Super.

    Here’s to hoping it was a good move.
 
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