renes,
IMHO, it will depend on how many shareholders are prepared to sit it out and hold on what they have bought for the long term.
On the other hand, there could be many that will unload as soon as they can, to cash in on the paper profits they made, and thus forcing the sp down by a fair way.
There are many traders who would have taken the opportunity to get the shares at that price,only to cash them in as soon as possible.
Many traders motto is (they have posted in the forums constantly that I have got to memorize it), Don't ever fall in love with the stocks.
As such, IMHO, they will turn the paper profits into cash.
Good luck,....Buddy
- Forums
- ASX - By Stock
- AIO
- will share price drop with new allotment?
will share price drop with new allotment?, page-4
Featured News
Add AIO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online