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
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla