AXE 3.57% 27.0¢ archer materials limited

accumulation , page-6

  1. 1,200 Posts.
    @Jaded

    i suspect the stag profits have already been made by the 10m shares placementees...only 5m shares to be allotted through the SPP, not much

    in my opinion most of the 30c shares have already been sold, the retail side will be dealt with over few trading days...5m shares will wash through very quickly at these prices IMO

    should the retailers force the SP past 30c once they have been allotted their shares i will be a buyer for more

    originally i thought Hudsons made a XT with their second holding but there are no new entrants in the top20 with those shares so they must have offloaded them in the market which obviously didn't help

    they still hold 6,500,000 shares at the #2 top20 position with no change
 
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