MAE 0.00% 0.0¢ marion energy limited

nice buy, page-4

  1. 27,220 Posts.
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    thats a really interesting observation,

    both the selling, the dumping off screen yesterday was high,
    (was poised to amend an order at 20.5 to 21, while a huge dump filled it)

    and then the buying today again, offscreen.

    Maybe someone was selling for tax losses?

    But could also be stops?

    Then the buying??? Maybe if it was stops, its hopping back on the train, and realising, that the base level, just was crazy to get off at, and better to pay 23-27 to get back in, than miss the event.

    There was certainly some urgency about it.

    It was no slow accumulation buying. it was must have 200k right now.

    Perhaps realisation that the dump event created a one off, and that the at now prices might be their best offer.

    Dont know.

    Happy to have bought at 20.5

    cheers
 
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