I don't go along with your explanation of expectation of a higher price.
What I am asking is why would any investor pay 0.07c per share, when they could have bought their 10 million at the current SP?
10 million is no great shakes, so far as turnover goes.
My thinking is that they would only do it if the purchase was intended to instil confidence into the minds of nervous investors. It certainly had a useful effect on today's price.
Has anybody any alternative suggestions.
GCN Price at posting:
4.9¢ Sentiment: None Disclosure: Not Held
