churning by a larger share holder to generate interest. buy and sell between accounts to intice new buyers at higher levels. Net cost to architect of this plan = zero!
accumulation is not the aim. its getting the SP higher on speculation that things are going well, with the aim of selling some holdings at higher prices to make a quid.
time and time again this happens to APG. I speculate that this is why APG has only EVER had sophisticated investors kicking the can. I cannot recall any SPP to shareholders.
Oh and there could of course be a legitablent reason, but hey, we are speculating on that one - where is the proof of commercialisation.
Enjoy your ups and downs guys for I remain on the sidelines until greater clarity arrives.
GC
- Forums
- ASX - By Stock
- recent buying
churning by a larger share holder to generate interest. buy and...
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)