Thanks Pesa.
The interesting thing is that over 70m shares traded in May and the top 20 has barely changed.....so all of the conspiracy theorists (and you know who you are) blaming MOD (sold 0%), Doyle (sold 2% of the months turnover), Reddy (sold 0%) et al seem to be full of it. Reading back over posts on the subject makes for humourous reading when we now have 'information'.
So it looks like the pressure has been from the smaller shareholders. One has to ask the question "Has the negativity by many shareholders on sites like this had a psychological effect on the smaller shareholders?"
My fear is this, given that the top 20s holdings are pretty much static, there seems to be no one left to buy the stock when the small guys are exiting (apparently at any price). While it is any shareholder's prerogative to sell, with no buyers, they are cutting off their own noses and ours as well.
The lower the price goes, the more we're going to be diluted if/when more capital arrives.
Next time someone posts something about these big guys forcing the price down, please look at the numbers and start blaming the little guys (not all of us) who are selling....and give them a thumbs down!
- Forums
- ASX - By Stock
- MST
- analysis of top 20 changes & conclusions
analysis of top 20 changes & conclusions, page-13
-
-
- There are more pages in this discussion • 116 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 MST (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online