Judging by the number of "likes" and "great analysis", a lot of hope rides on these words. It certainly is a feel-good angle. Such aggressive buying from the new insto can only mean they got a whiff of impending good news.
It's also likely, that lots of things have been said by management, that some of them must be right occasionally just by chance alone. I am in this camp. Stu did not know this. He simply guessed. Heck, his remark may even have been misquoted and he in fact never said that.
Or, equally likely, the insto placement and the recent aggressive buying may not be related at all. It's just an aberrancy and coincidence. I find often life is just coincidences rather than design.
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5.0¢ |
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Open | High | Low | Value | Volume |
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2 | 306947 | 0.048 |
2 | 111000 | 0.046 |
11 | 1049583 | 0.045 |
1 | 227295 | 0.044 |
Price($) | Vol. | No. |
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0.051 | 16000 | 1 |
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