BIG 0.00% $2.22 big un limited

is this the most overpriced stock on the asx, page-57

  1. 7,409 Posts.
    DBK,

    This is just my opinion, but being the sceptic I am when it comes to inside information, I think the substantial movement of the last couple of weeks has to come from inside information. The fact that a well known investment group with a history of success has shown a signifcant interest in RAU bodes well. Along with this I think you are right, when a stock runs like this, alot of traders hop on and the push to 29c had to be over-zealous traders/investors not wanting to miss out. Last week the 6 x 3mill sell orders was obviosuly designed to kill the shareprice. I saw this sort of action when RAU was much lower too, so I have no doubt that there is a high trading element in the stock.

    How far can RAU go from here? Well it can only go so much further before results and achievements have to show that the rise is sustainable. The equation is pretty simple from here.
 
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