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Resolute7

7,262 Posts.

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18/12/20

22:47

Post #: 49695196
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Originally posted by Msim878: ↑

yeah I must say the volume was a little concerning. At a guess, may be small/mid cap funds or instos that have a mandate which doesn’t allow them to hold a top 20 constituent selling out before APT is officially admitted to the XTL on Monday? - I wouldn’t be surprised if there are a lot of those, but then again, they also usually have about a 12 month periods grace to do so.

Maybe some profit taking?..who knows, tree shake/dump to flush out traders/weak hands wouldn’t also surprise.

I think if we are to have a strong end to calendar 2020 it has to hold around here. And given it had been consolidating within a very tight range for almost a good 3 months would also mean that they would support this run/mark up.

Any other thoughts guys?

cheers

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Onwards and Upwards we go.

I'm Resolute.

APT Price at posting: $111.29 Sentiment: Buy Disclosure: Not Held
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