I think a lot of people are in the Columbia camp.With the announcement so close a lot of people have now realised we are not going to get a lot more pre decision SP upside in this cynical market and are capitalising on their free carry opportunity now.The friends I have put into this stock(at half the cost I bought in)are doing exactly that.The traders are leaving as there is no momentum as many people are happy with what they are holding.I find it refreshing that the SP has stalled so close to the line,as it shows all parties are playing a tight hand.I see one of three scenarios now.An announcement out of the blue in the next few days taking the market by (relative) surprise or a massive spike in volume either up or down if a leak occurs.
I think a lot of people are in the Columbia camp.With the...
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Last
49.5¢ |
Change
-0.003(0.50%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.3¢ | 49.5¢ | $74.71K | 149.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37432 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 202895 | 4 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |