AJQ 0.00% 10.0¢ armour energy limited

capital raise, page-18

  1. 130 Posts.
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    This supression in the share price is all to do with the placement release of shares, which creates a pool of temporary selling pressure as the placement investors sell for a quick buck. This will work itself through and already looks to be done. Lots of buyers now with very thin sellers. Should see a bounce back levels we saw last week IMO.

    Always happens with placement allotments and not a bad trading strategy to buy in on the temporary dip.
 
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