ROG 0.00% 0.5¢ red sky energy limited.

what is the announcement?, page-15

  1. 863 Posts.
    lightbulb Created with Sketch. 64
    Well there's lots of could be's as to why the SP just took
    a tumble. If you look at what was just released (IMO great
    innitial 'estimate') and all the other positives
    surrounding the current projects, there is absolutely no
    reason for what just happened. The market can't react to
    bad news if there wasn't any. Unless they think the initial
    estimates are worse than they expected??

    IMO this was a tree shake allowing the 'sofisticated
    investors' a chance to get in lower. Easy to do if you own
    a stack of shares at a higher price. Just my opinion of
    course.

    There was alot of accumulation around the 0.029-0.030
    mark??? and yes there would have been heaps of stops
    hit (the tree shake).

    Nice safe tactic to await news for re-entry.

    My Disclosure = I wasn't one of those sellers:)

    Gaspew



 
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