If the industry gets a whiff of a forced seller they like to make them bleed.
There was that guy Paulson in the US who created a mad sell in gold, and gold related paper, when people thought he was going to need to liquidate. Turned out it was just a rumour - he probably bought more while the price was down.
I'll only be really puzzled if the stock price is below 20c and there are big sellers.
Was a analyst piece in the age pushing Ingenia - IGA - former ING retirement village trust - apparently trading at a 23% discount to NTA. They are possibly doing a buyback, or just just saying they are.
GLTA
FKP Price at posting:
$1.54 Sentiment: ST Buy Disclosure: Held
