AEV 0.00% 1.1¢ avenira limited

can rp prices be sustained at current levels?, page-29

  1. 34,916 Posts.
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    'Then why the huge insto buying over the last couple of days ? The volume is almost certainly a result of insto buying'

    Dont think so brenden. Spikes in volume and quick price appreciation are usually an indication of traders. Instos buy patiently most of the time.

    When MAK rose to $2.95 I can can guarantee alot of it was trader driven. There were decent volumes then.

    As I said if instos were interested why not approach MAK for a placement deal considering MAK are on the look out. Why would they push the price up when they could strike a deal in the 40s or low 50s?

    Nope definitely not instos.
 
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