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$1.71 spotless group holdings limited

Interesting times ahead, page-5

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matt7788

39 Posts.

31/01/17

17:48

Post #: 22261160
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Originally posted by bug1 ↑

Its a positive sign that seller depth hasnt increased, its currently at 3m shares, which is normal for the last few weeks, its the buy depth that has decreased. So some sellers panic and take the buyers price, but it looks to have been a one day event. Its going to take a week or so for those orders to build up again, and then we are so close to the result for any big changes, so its a waiting gaim now. I expect we will drift back to 0.97-0.98

And im probably being influenced by my holdings, but perhaps those sellers were getting close to their sell price anyway, and we would have had to go through them soon to get to $1.10, taking out the nervous sellers could be clearing the path for a faster increase after the result (assuming its good). If there is lower expectations its easier to outperform them, so it will balance out after the result i expect.

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when are results expected to be released???

SPO Price at posting: 94.0¢ Sentiment: Buy Disclosure: Held
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