Well I just bought 50% of my trading parcel back today (I sold it all after the SPP announce) and with I reckon about 10m average traded per day since the SPP I'm not the only one buying... the problem with that argument is that people don't know the VWAP so it doesn't stifle trade above the VWAP as much as a normal raise does.
The CR isn't hanging around it's neck, again because without the VWAP it's almost as though the SPP hasn't really been announced other than we know one will happen... if anything the type of SPP is hanging round the neck of the SPP... with people reluctant to commit (I too am in this boat) until closer to the closing date to see how things look...
" if they had properly positive news coming they would obviously release it first. "
Of course this is the crux of it and you still can't explain why - with a future VWAP what EXACTLY is the difference between releasing news later and releasing news before with a historic VWAP?
If you don't understand the question please let me know and I'll try to restate it another way... (I'm being sincere here BTW - would really like to get a real answer from any of you guys on this)
Call from Vested Equities today?, page-93
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Last
0.9¢ |
Change
-0.001(5.26%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $16.19K | 1.620M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 2868655 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 4365180 | 22 |
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| Last trade - 11.25am 22/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |