That gigantic dump was what was set up with the 1 share end-of-trade nonsense. They got the sell stack to the size they wanted it and then pulled the chain. We don't know if they have more to flush or not.
I actually take heart in the fact that that's now over and done with. The price hasn't taken a fatal blow. It's down .005 on the day as I write.
I don't know whether to worry or not. I see no upside pressure at all. Why aren't instos buying before the AGM? Opinions welcome.
I believe that this is the final big shake of the tree to see what low-hanging fruit can be harvested before the meeting. Likely that the sp will go up after it, so the powerful are getting people to cash out while they have the power of uncertainty behind them. I've been in this for a long time and will not be shaken out. And you?
- Forums
- ASX - By Stock
- back down to support !!
That gigantic dump was what was set up with the 1 share...
-
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VPG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |