Gogreen,
I don't think it is the 80 or 127 million ADY shares that are tied up in Opes that is the major concern. It is the other 800 to 900 million that are in the hands of worried investors concerned about the uncertainty that this situation has created. Once the fear kicks in the buyers will stay away and people will sell because they can see it going lower and it becomes a self fulfilling proficy. You and a couple of other people here may be prepared to hold but that won't stop the rest of the market.
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Gogreen,I don't think it is the 80 or 127 million ADY shares...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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4 | 350953 | 0.008 |
5 | 555102 | 0.007 |
6 | 1400000 | 0.006 |
8 | 2256449 | 0.005 |
Price($) | Vol. | No. |
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0.011 | 1317430 | 3 |
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