HAO...... this is not a serious mining company. It is the plaything of Gary Morgan (the pollster) and next Lord Mayor of Melbourne. He controls 70% (approx. 128 million shares), the next largest holder has 2.25 million.
Every 4 years or so the price spike has been a 1 day wonder where the price has doubled or tripled on that day. As online trading has become more prevalent (and more so predatory) the spikes, though they be similar, have happened with considerably less volume each time.
Feb. '04 ...range 18-40...volume .... 35 million.
Jan. '08....range 12-40...volume .... 14 million.
Today.......range 21-45...volume .... 4 million.
Never get sucked in by what you CAN see!
- Forums
- ASX - Day Trading
- daytraders after market lounge 9th oct 2012
daytraders after market lounge 9th oct 2012, page-5
-
- There are more pages in this discussion • 25 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
Featured News
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
SPONSORED BY The Market Online