"I think the companies view on retail holders doing the selling is very far fetched as why would one participate in SPP if they would panic when a drop in price occurs."
Umm because if you buy them at $5.10 and you sell them at anything above that you make a profit whereas in my world if you sell them below that price you make a loss.
It was no brainer to buy, brainless to hold once they headed back towards $5.10.
Could the fall have been manipulated to get the Retail SPP to sell - highly probable - am I concerned - no because I'd worked that out for myself before I'd bought and in the end it was never gonna cost me anything to play the game.
Never gamble more than you can afford to lose.
"I think the companies view on retail holders doing the selling...
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Last
$1.87 |
Change
0.060(3.32%) |
Mkt cap ! $1.497B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.87 | $1.81 | $10.89M | 5.914M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55493 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 47395 | 5 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |