This time 2 years ago i picked up about 350000 shares at 5 cents due to massive tax selling.
I'm not saying this might be the case this year but whoever was doing the selling drove the price down substantially and it traded below 5 cents until the selling ceased.
After the financial year the SP picked up somewhat to about 10 cents and traded as high as 11 cents a few months after.
What i'm saying is this was on no news to speak of.
The selling was relentless till whoever dumped what they had at whatever loss.
Then the recovery on no newsworthy announcement was just as erratic.
AOS then to me is just a speculators plaything and maybe the speculators will push it up after the tax losses are cemented in.
So all the maybe royalties or takeover talk is not going to push AOS up as they are at the whim of the marketplace.
It's a dog and always has been a dog so when the big boys decide to come out to play again be ready to exit.
The oppies are dead and gone by the way.
The company won't go under yet either as they pay their directors peanuts now, so hopefully there is time to exit next financial year.
- Forums
- ASX - By Stock
- AOS
- hope
AOS
advanced ocular systems limited
hope
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)