Last Friday I was watching SMN sellers orders closely before the 4pm close.
I have never seen sellers orders so thin on the ground. There was no post close auction, unusual. After the auction closed a sell order of 120K surfaced. if they were genuine sellers, why didn't they offer the 120K in the auction? raises questions.
Over the next two days trading, I'll be watching closely to see what happens. Will the sell order for 120K be pulled, Not many international buyers on an Aussie Monday. So I am anticipating a dull day of trading with a possible pull back, on low volume.
Tuesday action interests me more. I will be watching the sellers orders to again see whether they are thin on the ground again. Might learn alot
We shall see, as always DYOR.
cheers Lies
SMN Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held
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