i remember you ramping this up at 34c+...now you are saying:
"A company lining up for these convertible notes would try to push the VWAP down as low as they could . If you stood to pick up 40m con notes cheaper by pushing the VWAP down by sacrificing a few shares ,you would .
Add to that, weakness from tax loss selling ,and a turning market and a stock with weak market depth ,and its easy to see why we have temporary weakness .
The amounts sold to do this are a pittance .This will all change within a few weeks .Stocks like Nkwe can be pushed all over the place because most instos wont look outside the ASX top 200 .This gives us opportunities to value and buy up cheap companies before they make it big ."
why the huge about turn sir? i was right about where this share was headed... down! and i still plan to pick some up at even lower levels :)
NKP Price at posting:
26.0¢ Sentiment: LT Buy Disclosure: Not Held
