hi holders
mimmo, started a new thread, dont like the name of the last one, no offence.
what were holders thoughts on todays trading??
absolutely no doubt we have a seller, drip fed 20k parcels into 36c all day, everyone has there reasons for selling, just cant figure out the reason for this seller so close to spud date and with only one day left in the financial year.
imho this is one of the smaller participants in the recent capital raising, probably lied straight to Davids face and said they would be strong hands, well, they look more like jellyfish than strong hands to me.
for RFE though, this is probably not a bad thing, get this seller out of the way before the big news hits, dont want to see this investor surface at say 45c when we are about to fly.
re the buyer, with the share register getting tighter and tighter, imho the current buyer has far more funds available than the seller has shares, wont be long before we start the climb north.
reckon the buyer today tested the water a few times by buying to 36.5c only to see the relentless seller knock SP back to 36c. the buyer is doing precisely what i would love to be doing, if the seller is keen at 36c, just slowly soak them up.
wont be long holders and our patience should be rewarded.
Add to My Watchlist
What is My Watchlist?