Ann: West Erregulla Adds A Further Signifcant Gas Discovery, page-153

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FrankEd

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31

07/09/19

10:11

Post #: 40347480
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Originally posted by Magnatude: ↑

I thought they pulled but the price did hit 280 before dropping and I didnt/ hav'nt go over course of sales.
Given that anyone who was holding would have thought that the price was going upwards and the time of day I think they were sold. Bought by someone who thought great price.

As I was looking at the proceedings I thought the dumping was crazy. The earlier than expected return to trading and the large supply placed at 270 and 275 was confusing but a signal to me that the opposite to what we expected was going to happen was going to occur.
Once it started to fall I just sat back and watched it happen. Should have sold my holdings before it dropped below 265 and rejoined even at 235/240 (not the bottom) that's not a bad way to soften the blow of a declining s.p which should'nt have declined.
I personaly think it was a controlled dump by several larger holders and a method for gaining additional holdings at a discount. The bastards do it all the time and are often the banks and their proxies.
So much potential still but dont be suprised if it does'nt climb as high or as quickly as we think it will. Thanks to Fridays episode. It reminds me of the whole Carnarvon CVN big oil find. Exact same dumping happened on information released. Theirs was'nt as good as Fridays Strike release but still it burnt the short termers and spooked the long termers.

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Can this be substantiated with trading history showing line-by-line transactions on any platform, including the entity names?

Or are the screenshots I see with different firms holdings only a snapshot of current holdings?

STX Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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