As with a large majority of stocks, I suspect many bought in with the intention of selling as soon as the expected Ann was released. We saw large selling as soon as the trading halt was lifted, more than likely insto. This of course has spooked many and caused a mass sell.
I feel we may see a more genuine reaction to both the business update and the prelim in the coming days.
Over 6m has been traded since the trading halt was lifted at 10:40am, who do you think has been buying all that up?
Chart, page-22
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
