APG 0.00% 0.2¢ austpac resources nl

opportunity, page-10

  1. 1,858 Posts.
    Looks a lot like what happened 2 years ago when SP took a dive from 6.1 to 4.3 during the day before finishing at 5.6. What's different about this time is that the volume was MUCH lower. I guess that could indicate holders perceive less risk. In Dec 2006 there were still a lot of steps to take.

    So.... back then the market went from caning the stock by 28% in a day, to lifting the stock another 400% over the next 3 months. How fickle is that??!!

    In the end it doesn't make any difference if you're happy to sit and hold.
 
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