RAP 0.00% 20.5¢ resapp health limited

When company fundamental changes, the large parcel change hand...

  1. 394 Posts.
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    When company fundamental changes, the large parcel change hand is a corner stone for SP development
    Big insto exit not because there's no potential in the stock, it could be

    1 Their portfolio strategy does not allow big volume of risky shares
    2 Cash was needed in short term (RAP buying side was stacked heavily giving this opportunity)
    3 With 3 anns in the row, Pfizer is highly not likely to further manipulate BOD and yes Voters, they gave up 14.6c goal
    4 The company development pattern has great uncertainty, cash out for above water

    After the change hand
    1 New insto with more solid company view had chance to enter
    2 Reduce chance of pump and dump when SP appreciation happens
    3 Lay foundation of the traded price as other investors see huge support to floor

    In my other investment example big parcel was cross traded followed by SP appreciation in next month. Here with RAP 34m normal last month @11c followed by 50% growth later on. IMO the insto who bought today deserves a bottle of Champaign tonight. Their determination shows their target price is 30%+ from 13c, just not in a hurry to buy up. I smell 20c in coming days or weeks now, very fishy.
 
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