ABP traded over 3 million shares after 4pm yesterday.
(Approx $870000 worth)
There was a spike in the Buy/Sell ratio yesterday. Favoring the Buy side.
20 million were traded throughout the day. Largest volume since January.
The First Rights issue announced on the 17th of March was price sensitive. And the market was not sure how to react to it.
An updated announcement regarding rights issue was made at 3.30pm yesterday the 18th...." It was not made price sensitive to the market" and went under the radar, Un-noticed.
Lots of traders stacking their orders since 7am today.
Looks good for a trade at open & throughout the day.
ABP traded over 3 million shares after 4pm yesterday.(Approx...
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