The two biggest turnover days was upon release of GS appointment....both had trading volumes of 8mill plus and it took the price 26 to 38,priced then faded away after these foray's..
One explanation is that the volume went to overseas buyers who are attempting to build a stake.....you need to do these antics to get volume...its has taken out a lot of stock that CBA sold down....once traders (old) are replaced by new players now that IRR and Oman results are awaited.....within 14 days....the price should pass 40 and reach the 50c level.
Note that PES got a bid 180% above pre takeover.
- Forums
- ASX - By Stock
- MAE
- i recall the big buyers
i recall the big buyers
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online