cengizuykun "If so promising why are the banks selling out ?
6 May 10:01 am Change in substantial holding from CBA
6 May 1:40 pm Colonial sells 8.2m Asciano securities
24 Apr 9:55 am Colonial sells 8.1m Asciano securities "
ummm probably banking huge profits I presume?
who knows, but aren't they in the business of making profits? presume they would have trading rules, and certainly when a stock climbs so high in a short time they would take the profits and sit back and watch for another entry point.
i don't read into large selling on a rising stock that it means the stock is going to crash again.
i think your prediction of $1.50 cap raising is very wrong - but time will tell I guess.
AIO Price at posting:
$1.45 Sentiment: Buy Disclosure: Held