To me, the only thing holding the shareprice back is the large seller. He puts a million shares on at 0.9, and waits till they are taken, then puts on another million.
If he had any sense at all, he would hold off, wait until the price starts gaining momentum upwards, and then he would be able to feed the shares ito the rally at a higher price than he is getting now, probably without affecting the price.
By the way, weareone, do you mean "purchase" rather than "purge"? I always though purge meant getting rid of something, which would hardly cause the rally you are expecting. I hope you are correct about the rally, however.
- Forums
- ASX - By Stock
- one to have a look at
one to have a look at, page-3
-
- There are more pages in this discussion • 6 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
Featured News
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online