I dont think its insider trading. If the news was bad, you would be seeing far larger volumes. I think its more a case of some over-enthusiastic buyers who got caught up in the 3rd run, and then saw it do nothing for about a week, and then basically panicked. The SXP merger didnt help either, because that shifted the focus away from the demo plant.
I think the bids on the sell side you are seeing now is the result of buyers sitting on moderate profits, and wanting to exit at any price due to the speculation regarding the bad news. They don't realise the intrinsics of this company, what it has, and how problems are inevitable.
Who was the individual that started it here? I think you have a bit of explaining to do. Either that or you should be banned.
- Forums
- ASX - By Stock
- LNC
- oh dear
oh dear, page-12
Featured News
Add LNC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online