What makes you say that Wessa? Could you please provide the trade analysis. Unfortunately, brokers don't know shit. Bell Potter clients bought at 4c (for which the client will pay 1+% to get out of the trade and the broker receives a healthy kickback for placing the stock - the stock was at 3.5c for christ's sake so how could they have got it off??), and carmichaels have recommendation of 17c. To see brokers buy means nothing as all it means is that they may have new clients who will come in and support their slaughtered stocks. Don't forget a lot of smaller brokers trade through online broking firms as a clearer too. It stinks but it is the way it is. These clowns we call management, are taking the piss. Interesting to see that after various roadshows, none of them have found any real buying on market.
NMR Price at posting:
1.7¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)