As predicted the seller for 1,056,368 was day only and came off at the end of the day.
If that person is out there reading this forum, understand that dealing volume is like how you would play baccarat or poker. You guard your hand so no one knows what your holding, you don’t show your full hand!
Maybe sell a couple of hundred thousand shares at a time, you may be surprised that firstly you will get out and at a better price.
If you’re not reading this I’m sure you’ll let it open and trade for a while, see what the high is and then want a bit more and put it all on the offer. One thing is for sure, if you do get taken out you’ll leave thousands on the table within minutes.
Ted
IHL Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held
