probably the wrong thread to discuss individual stocks, but, given 3 of us had/hold EYM, it could be worth quickly outlining our thoughts.
I traded out as i was in the stack already, and my 5 grander is still in its infancy, building cash. It could be a false start, but who knows. The guys behind this arent renowned for dealmaking, but i am intrigued by David Hannon taking a substantial stake at 1c, and buying more below that. One wonders what was said to get him on board.... The volume could be placement takers wanting out for evens, after fretting over the fall in SP. Its likely this has more in it, especially if a deal is brought in. I hold oppies elsewhere, and may buy back a parcel of heads at 1c. It appears to me it was sold down to .009 in the close when someone simply got caught in the auction, and didnt pull their orders in time....its always a risky game, and i dont think there was an "conspiracy' to pull the SP back to .009
- Forums
- ASX - Short Term Trading
- 5 grander 17/18
5 grander 17/18, page-146
-
- There are more pages in this discussion • 696 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
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online