Wouldn't mind betting that the bidder at 1.50 would have more than a passing relationship with the seller.
The prop is only there to encourage punters to take them out and hold up the average price while they do it.
This player is almost certainly a buyer again at lower prices. It has been a constant cycle with GTP.
Remeber that the instos that play these games have large lines of stock to move and they play the averages.
It takes them a long time to acquire stock and a long time to get rid of it again.
Just a thought.
- Forums
- ASX - By Stock
- GTP
- getting hammered
getting hammered, page-2
-
-
- There are more pages in this discussion • 8 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
Add GTP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online