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RAP - The Big Picture, page-7

  1. 17,267 Posts.
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    Wow - look at the volume today - a whopping 70m shares!

    UniQuest were good for selling 38m shares today (the balance of their 55m which they began selling on the 4th)

    I feel for the remaining 32m shares which were sold due to the 'panic' that was created today.

    UniQuest's exit caused the SP to drop from 38.5c to 24c ... over that period for which they sold 55m shares, a total of c. 120m shares were traded on the exchanges. Why oh why didn't they place them all off-market ... So many smaller shareholders would have been stopped out of their positions inadvertently.

    Again, the reason I hate stops !

    SP will recover back in to the 40's next week - refer to the 1st post in this thread - nothing is wrong. Actually, quite the opposite - A LOT IS RIGHT!!!
 
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