AIO 0.00% $9.13 asciano limited

cengizuykun "If so promising why are the banks selling out ? 6...

  1. 468 Posts.
    cengizuykun
    "If so promising why are the banks selling out ?

    6 May 10:01 am Change in substantial holding from CBA

    6 May 1:40 pm Colonial sells 8.2m Asciano securities

    24 Apr 9:55 am Colonial sells 8.1m Asciano securities "

    ummm probably banking huge profits I presume?

    who knows, but aren't they in the business of making profits? presume they would have trading rules, and certainly when a stock climbs so high in a short time they would take the profits and sit back and watch for another entry point.

    i don't read into large selling on a rising stock that it means the stock is going to crash again.

    i think your prediction of $1.50 cap raising is very wrong - but time will tell I guess.
 
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