I do not know but looks like something is brewing.Someone is either building or increasing position. These Global Capital Investors most likely, they have gone from 5% to 6% ATM maybe they want more.
The volumes have roughly doubled from early February and intra-day prices are swinging widely.
I wonder if there are any day traders involved, today's range was 16c, day low $2.12, day high $2.26 enough for scalpels to make a little motsa.
Closing prices are brought down again to keep the action under wraps to casual observers.
I am a long time share holder but almost missed the recent action, since it became such a boring stock for the previous few months just bots selling 3 shares here and buying 2 there all the time.
It would be good to see some recovery in the SP, the value seem to be there if you believe the NTA but the property trusts seem to be on the nose across the board and this one, being in Japan and with much higher gearing became a bit of a dog.
Lets see if this puppy can bark.
- Forums
- ASX - By Stock
- loan book position
I do not know but looks like something is brewing.Someone is...
-
- There are more pages in this discussion • 1 more message 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 AJA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online