You could be right on the money with that statement.
I have been putting in many buy orders over the past week between 8c and down to 7.5c today.
Only to be taken out. As soon as the buys get to a size in volume, they get wacked.
I first thought it may have been someone trying to manipulate but I am now thinking someone just has to off load to get cash.
Hopefully all is well at the Newcastle plant....if so and when the seller has done what is needed to be done the sp will move cautiously back to mid 8's/9's.
Hopefully real soon!
JAWSY:)
APG Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held