Ann: Profit Guidance-ITQ.AX, page-3

  1. 170 Posts.
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    That's always been the way with this stock as long as I have followed it. Short periods of interest(usually accompanied by a sharply rising share price) followed by long periods of little interest (usually accompanied by a gradual drift down in share price. Recent pattern has just been a further repeat of this cycle. In the absence of further news would expect this downward drift to continue IMHO through to announcement of full year results. Personally I never try to trade this pattern because (i) the stock is too illiquid (it took me best part of two months to establish my modest stake) and (ii) I suspect one day there will be an unexpected announcement that will make the shares gap up big time and I don't want to be out when it appears on the screen.
 
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