Just my ramblings……….I noted with interest the opening yesterday when 700k odd shares were bought for 3.4 cents despite the carnage on Wall Street and the prediction that the ASX would be down 4%. Someone wanted in. Sure ASR traded down to 2.9 cents and then low and behold closed 0.1 cent up at 3.5 cents.
Today we have over 1 million being bought from the sellers to keep the price at 3.5 cents.
I thought yesterday that the buying might indicate that a good announcement was due…….same today…..but what would I know?
Just my ramblings……….I noted with interest the opening yesterday...
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