Hi there Rebel,
I am less optimistic about the chances of AEZ rising any time soon.
The 14 Sept substancial holding anouncement that Holus Noms has sold down from 12.05% to 10.8% suggests to me that there may be at least one very large holder (58 million shares) who wants out.
Large bids appearing and disappearing suggests that someone maybe creating the illusion of buying depth. They hope to deepen the volume on the bid so that they can sell volume.
This is my conjecture, based on months watching the price action.
If you are a buyer, I think you can afford to be greedy. The seller will eventually come to you.
My opinion only. DYOR
Good luck.
- Forums
- ASX - By Stock
- AEZ
- i wonder if aez is a potential takeover target
i wonder if aez is a potential takeover target, page-2
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)