Follow the trend. Wait until the trend is upward again, then...

First 5 Last

Share
Profile

Follow
Redpapa

1,516 Posts.

22

09/08/16

19:01

Post #: 18479648
Share

Originally posted by maoriori ↑

Yes something not gelling for me either.

Placement was apparently over subscribed. If so why didn't the buyers buy on market? If it was over subscribed we would see a lot more volume than of late, and at hopefully a higher SP.

Incor selling shares, regardless of the amount, why would they sell? Why would they sell now, when the end is supposedly near?

Where did the pump come from? From memory someone even brought 350k units in one hit @ 30 something cents. High volume days over the 30 cent bracket for nearly two weeks, well high volume for the past 12 months.

What I don't understand about the pump, is who were the buyers? They paid well over the placement price, and in fairly large parcels. Fundies wouldn't have done that, because there was no benefit for them. It did not come from a single entity, cause we didn't get a 3B for a new substantial holder, which would have been easily achieved from the volume. So who were the buyers?

Since 2011 everything from axiom comes out of left field. From SP spikes to getting the LOI void. We will see another left field event coming soon?

Expand

Follow the trend. Wait until the trend is upward again, then you'll see real price movement

AVQ Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

DMP

Is Domino's a steal after -25% plunge?

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

I88

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

Trump chides Powell as Goldman call for calm. The RBA must be nervous

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Follow the trend. Wait until the trend is upward again, then...

Top Stories

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Kula picks up unexplored niobium play in Malawi, with surface samples logged

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

Is Domino's a steal after -25% plunge?

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

OncoSil wraps up recruitment for key pancreatic cancer trial

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Featured News