Somebody mentioned that total sales today were only about $100.000.
But @ just 03 or so average that is not at all surprising .
Such a statement is irrelevant .
What is more telling is that selling all but dried up.
There was no widespread panic ,buyers were keen to buy but had to raise their price to meet the market.
Put simply the stock was oversold .
I expect tomorrow and the next few weeks will be a period of consolidation and holding out for any market updates.
If buying dries up short term then the stock could retest its lows.
GLTA
- Forums
- ASX - By Stock
- Ann: Issue of Performance Rights and Unlisted Options
Somebody mentioned that total sales today were only about...
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)