GW1 9.09% 5.0¢ greenwing resources ltd

unbelievable

  1. 7,371 Posts.
    lightbulb Created with Sketch. 1098
    I don't believe what I just witnessed: someone selling 500,000 shares for 10c. The buyers were bidding 10.5c for 499,000 odd and the seller only had to change his quantity at the last minute to 499,000 and s(he) would have received an extra $2,500 for the shares. How naive or careless with their money are some people? All I can say is that I hope I can take advantage of such a seller the next time I'm buying.

    It's not good to see the SP falling so low but with continued uncertainty in Europe causing metal prices to fall lower and lower it's understandable at least. Zinc and lead prices have now fallen close to danger levels, while movements in the exchange rate are not assisting. At US95c the current prices could be weathered for a while, but at over parity the return must be well below budget. Let's hope for some sort of miracle in Europe for Christmas.
 
watchlist Created with Sketch. Add GW1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.