Re PXUPA, would I be right in assuming that most of us are new to these- like post-crash new? If so (I am), it may be that the instrument slows down post-dividend, and kind of hangs in limbo. Having said that, the big seller was not normal for anything on the ASX, and that caused fear, so maybe people just want to know it's gone. This current seller causes a disincentive- someone want to wipe it out?
http://cb.iguana2.com/netwealth2/depth/pxupa
When we get results from the PPX restructure, I reckon we'll get a boost for PXUPA. Some of the people selling now would be traders who got in low and are getting out higher. Lucky them. I still have hope for these things- the time for rebadging them will come up soon enough. Meanwhile, my bank balance is looking a bit wrecked- solely from these.
PXU Price at posting:
0.0¢ Sentiment: None Disclosure: Held
