ATU 0.00% 0.5¢ atrum coal limited

re: Ann: Atrum Acquires Strategic Contiguous ... Dwjd,Equally,...

  1. 156 Posts.
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    re: Ann: Atrum Acquires Strategic Contiguous ... Dwjd,
    Equally, this stock could be back where it started in 12 months time and that's 0.15c I hope it does not happen.
    Currently, there is an oversuply of shares on the market and demand is essentially none. We have seen today that sellers have been throwing their lots in to buyers and there was no new buy replacement orders. It appears to me as if sellers wanted sp to bring it to this 100,000 lot at 1.15
    It does not help that we have just had CR and there is a fear that 750,000 shares out of escrow will be relased on 28th December and may find its way to sell side.
    I still believe sp will get the kick up in the new year but given its substantal drop from low 2.00 there is a few nervous people....
    Merry Xmas & prosperous NY all
 
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