Yep I agree Eagle..
Although, IMSancho said that the good technical signals led to the initial start of the buying surge.... well, dont' know about that.....PRR has been in a long term down trend, and has been around the 14-15c for a while. and then all of a sudden, a day before an announcement (coincidence) a HUGE volume was bought, and then sold after the announcement came out.. you wanna know what the 'good technical signal' was that led to the start of the surge? Two words, leaky boat.
On 17/12/09 - 26,219,325 shares were bought/sold
On 18/12/09 - 9,793,300 shares were bought/sold
Where's the remaining 17 odd million shares gone? either will be sold off over the next few days, or ppl actually want a position in this company.
Hopefully we have also got rid of a lot of SPP people who wanted to make a quick sale for a same profit
Yep I agree Eagle.. Although, IMSancho said that the good...
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Last
29.5¢ |
Change
-0.040(11.9%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 28.0¢ | $7.278M | 23.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 53192 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 41048 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |