CE1 0.00% 0.9¢ calima energy limited

Interesting that another 17M have been bought today at 12.75c....

  1. 1,557 Posts.
    lightbulb Created with Sketch. 99
    Interesting that another 17M have been bought today at 12.75c. Above the payout price of 12.6c. If it's the same buyer then they are closing in on 20% holding and clearly see a profit margin. Harvest Lane specialise in this sort of scenario. I suspect they are going to continue to purchase in order to accumulate sufficient holdings and influence a closer/sale of the business and distribute the residual cash. Thus, taking a quick profit.

    My dilema is do I sell now at 13c or hold and ride the wave.
 
watchlist Created with Sketch. Add CE1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.