Ferdie, there will always be a certain percentage of sophisticated investors who are just looking for a quick profit. so yes there is no doubt to me that there would be some of that stock being sold. I am sure there are also quite a number of traders who have set themselves up in the recent drop and ready to offload.
However, if this publicity can continue its momentum then as more and more investors become aware of POH I think it can be hard to hold a stock down when overrun by new investors.
Right now there's a few sellers coming in. Trying to build a wall 15.5 to 16.5 by the looks. Sell side has increased by a million in the last 20 minutes. I expect the real bidders around 10am just before open.
wow, page-31
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $9.507M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.783K | 594.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 60 | 96365901 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 21872826 | 7 |
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| AVE (ASX) Chart |