ASN 0.00% 13.5¢ anson resources limited

ASN General Discussion, page-7821

  1. 357 Posts.
    lightbulb Created with Sketch. 24
    same point I made on the chart thread. What is said above is incorrect.

    They haven’t averaged down. That is the market price of the securities that the etf holds. So it goes up and down as the stock moves. It says it at the top of the column and you just have to then change it from usd to aud to see it is the previous day closing price. I love how people always look for conspiracies when the stock is declining. Also, the shorts are under 1% of the float so really have no material impact on the stock. It appears that there are people liquidating a holding. Which is why I think the fundamentals of the company are still strong and it is a large holder who wants out quickly. This why I stay committed to my position and will look for a basing before adding instead of trying to catch a falling knife. That level may be here lower or higher but no point trying to jump at shadows. It is no magical person or entity manipulating the stock imho.
 
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