This is exactly my point - some people won't even be aware the ETF news happened today.
2 big orders (Approx. 800k & 900k) were sitting at 69.5c & 67.5c - obviously waiting as part of the $30m ETF amount needed to be purchased by Fri 17 Sept.
People are selling down into the buyers, whilst still making a decent profit today.
Almost $19m of trades were carried out today (including retail), so another ~$11m shares are to be bought up by Sept 17th, according to the ETF news.
Meaning:
Fellow holders - don't lose your shares to them!!
The sell side is very weak, with only 2.5m shares on offer all the way up to $1.30 (plus old mate's 10 shares at $9.42)...
It's a case of supply vs demand. If the supply isn't there, the price has to go up!
- Forums
- ASX - By Stock
- FFX
- FFX_Chart Only Thread !
FFX_Chart Only Thread !, page-892
-
-
- There are more pages in this discussion • 605 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
NEU
Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan