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Ann: Spenda announces strategic acquisition of Limepay, page-151

  1. 3,616 Posts.
    lightbulb Created with Sketch. 416
    Lol "hence why a big sell occurred today"

    Do you mean "hence why the share price is up 14% today" ??

    Tends to be the way on all ASX stocks.. good news is released and the large pippy bois sell.

    There is a well known "sell the news" stockmarket quote which describes this phenomenon.

    Tis very advantageous to wait for the pippy bois to offload and add to ones holding rather than feeding them by buying the news imo.
 
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