price holding steady, page-8

  1. 1,073 Posts.
    Cheers downside,

    Your detailed posts on the current trading are much appreciated by me and many others imo.

    The urgency in purchasing by this big entity (which I also believe is Oceanwide) goes to show that they believe the $3.60 raising to a HK Fund is over the line.

    What is even more interesting for me is if it is OW buying we're yet to know what Oceanwides real reasons were to baulk on the second tranch at $3.80.

    Could it be that it was an opportunistic play that blew up in their face in trying to get a lower entry, for if it is them buying now it's going against their 3 month extension request due to "uncertainty and volatility within global economic markets."

    Its only been 1 month. The above explanation was announced on 31/10.

    mm



 
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