If someone had bought millions of shares at 1-1.5c I could not blame them for selling off a fair proportion of their shares, locking in a 10 bag profit and still keeping a few million. It's definately what I would do and have done in the past( though not with millions of shares, but hundreds of thousands).
A Disallowed is hard enough to come by, especially if you are investing large sums.
I invested in this at 4.3c initially, then added at 5.3, 5.8, 6.3 and 6.8, then on the pullback to 10.5 and 11, so I have a fair number of shares and yes if this became a Disallowed for me I'd be looking to lock in at least the entire cost of my holding and probably some profit as well, no matter how bullish the current situation was.
So I just can't blame a large seller taking some profits, as they were large buyers at some point.
If someone had bought millions of shares at 1-1.5c I could not...
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$2.97 |
Change
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Mkt cap ! $8.942B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.02 | $2.93 | $100.8M | 33.97M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 716181 | $2.97 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 235000 | 1 |
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