Back in January Paradice Investment had 6.29% (7.7 million approx)of AAX shares. By 16th April (share price over $3) they had less than 5%. A large holder can sell small volumes resulting in share price fall and then buy back in at low prices. AAX is being pushed down by very small volumes. Thought this would stop on 1st July but I was wrong. Paradice also exited Bradken and their share price has fallen on small volumes. Last sale was at $1.682 x 630 shares CX. What is CX.
- Forums
- ASX - By Stock
- AAX
- sellers continue to force price down
sellers continue to force price down, page-29
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)