bassy...
Not hard to find a reason why one of the major holders might like to see ANP share price as low as possible should a major result transpire...or even a sniff thereof.
If any corporate activity were to eventuate, they would want to do so from the lowest possible price baseline.
Within this corporate mix however, there are obviously one-point-traders taking advantage of the virtual 10% jump for each point the stock moves...and whilst they might feel very happy with themselves for locking away the "massive gains" that can be gleaned from a one point move on this stock...lol...collectively, what they don't realise is they would make considerably more if they simply bought and kept their fingers off the sell trigger.
Price churn can be self-perpetuating in an unsure market...as a typically downwards spiral eventuates on the back of a large block of ultra-temporary holders.
Judging by the often minute-by-minute commentary by some of the posters on here (who claim to be medium-long term "investors"), a cynic might suggest some of those one-point-traders are working very hard on HC to support their trading games.
In the end, the results will be all that matters, albeit subject to the potential "pressures" of one or more interested parties (at a corporate level).
Cheers!
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8.6¢ |
Change
-0.003(3.37%) |
Mkt cap ! $77.53M |
Open | High | Low | Value | Volume |
8.9¢ | 8.9¢ | 8.5¢ | $584.3K | 6.750M |
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No. | Vol. | Price($) |
---|---|---|
5 | 379793 | 8.6¢ |
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Price($) | Vol. | No. |
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8.8¢ | 100000 | 1 |
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5 | 379793 | 0.086 |
2 | 1002917 | 0.085 |
6 | 250211 | 0.084 |
6 | 610240 | 0.083 |
8 | 415283 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 100000 | 1 |
0.089 | 181074 | 2 |
0.090 | 600000 | 2 |
0.095 | 55000 | 1 |
0.096 | 55977 | 1 |
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