SP is governed by supply and demand. It does not always reflect fair value. More supply equals lower price. My take is there are now many Shareholders that have past 12 months ownership and are cashing in for tax purposes. If correct, once the shedding is complete and new owners take up residence at a higher buy in the share price can continue its march forward as supply is deminished.
- Forums
- ASX - By Stock
- Running discussion on SP
SP is governed by supply and demand. It does not always reflect...
-
- There are more pages in this discussion • 19,458 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online