PPY 9.09% 1.0¢ papyrus australia limited

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  1. 229 Posts.
    Negative!

    Question for the boys!

    Im loaded up and ready to punch into some more shares my problem is that when i put the order in it kept on being rejected. After ringing my broker i have discovered that you can only buy up a certain percentage from the last sale to the next one. Classic so you can sell it down as much as you want but if you want to buy it up to bad.

    This got me to thinking i have noticed that the decline has been .5 cent increments from time to time so there is no way anyone can buy the next sale you would have to wait for a sell to pop up in between, hmmm seems like a safe way to hammer a price.

    So help required here can someone explain to me how the price can go up at all! I mean lets say a really good announcement came out and nobody wanted to sell their shares for less then say 10c how could the price go up if what i have been told is true?

    This is probably a stupid question but humour me :)
 
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