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Sensis

707 Posts.

62

30/08/18

11:58

Post #: 35291750
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Originally posted by WestTrader057 ↑

Presently we have a stand off between large buyers at .019 and small sellers at .020.

You would think that those buying would have to step up to buy in view of the fact that buyers outweigh sellers. Unfortunately this may not be the case.

The history of the stock is that we have large periods of time where we live in an information vacuum.

The buyers are no doubt aware of this and as a result are under no pressure at all. They know that they only have to wait as they are not expecting any competition from other buyers.

Hoping I am wrong this time and we get some more good news soon.

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We might see the 2018FY report tomorrow.

CL8 Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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