So some poor bugger sold their 50000 shares this morning. Obviously needed money for xmas. They probably bought them for 1c = $500 and now get $200. Ah well, there you go.
A lot of other specs are dropping too. Maybe it's the nature of the beast. Punters who put their money into specs like VIL are doing it in the hope of getting bang for their bucks for a xmas spendup. Trouble is they can be forced to sell and have to settle for a xmas whimper.
When do we hear about rig selection?
- Forums
- ASX - By Stock
- VIL
- letter of demand
letter of demand, page-22
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