Thanks phillip. Yes, the joy of having instos on your book. You need them on one hand but when they get the poos they can decimate the price which in turn soaks up the buyers/scares them off, stop losses are triggered, technicals are broken and we have what we had where we get sold down on low volume. Instos love making a point and flexing their muscles because they can and it is not their money. Makes little sense to trash the price and market cap when you're trying to secure a bucket load in finance. Some people say that the mc is irrelevant to finance but i personally don't believe that. I guess that is why they're on the big bucks!
- Forums
- ASX - By Stock
- RES
- Ann: Funding update
Ann: Funding update, page-25
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RES (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online