A4N 0.90% $1.11 alpha hpa limited

Ann: Company Activities Update, page-32

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  1. 14,272 Posts.
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    There was some significant selling pressure at 17.5 yesterday afternoon and that continued this morning but it was then swamped by more significant buying. That buying pressure pushed through 18 and 18.5 without much trouble. I can’t say I’m at all surprised by this rally knowing how big of a discount this is trading at compared to expected annual cash flow but it was a pleasure to watch it unfold. Equal high closing price today. I expected to see a new high before the first of the expected three important announcements. That’s now looking much more achievable after just a couple of days. I’d love to know if most of this buying is just one insto or is word starting to spread?
 
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