APG 0.00% 0.2¢ austpac resources nl

huge sell, page-8

  1. apg
    119 Posts.
    re: too many damned stocks My only concern about next week is that there are SOOO many people willing to sell at these levels, never mind 10c
    20mill shares have traded in 3 days and we have seen a rise of less than 1c.
    How can we really expect to double the price next week (as some have suggested).
    I think 20 mill is just under 5% of the total resulted in a 1 cent rise?
    Maybe that represents the bulk of the traders etc and there are not so many to be traded. But what percent of the 20 mill that was bough in the last 3 days wherent bought by traders and plan to sell with anothe 1c rise?
    I have great hopes for the little baby but it seems like it will be a struggle to real get any where, price wise.
    G
 
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