Dear George,
We all know that that the share price will get tested and all mid and long term investorts realise mid 30's will be a line of support.
However , you do not seem to realise a very important issue. Where we are today and yesterday is based on very little volume.
Low volume means a nummber of things in share trading.
a. Small investors selling our small positions
b. Small investors being spooked into selling.
c. Large players selling a very small portion to buy at a lower price.
d. No direction and awaiting further market info.
and the list goes on.
One thing is clear if we have serious volume of about 25 Million plus daily , consecutively for one week, then your views will have merit.
- Forums
- ASX - By Stock
- WMT
- slowly grinding to 30c..... nc
WMT
western metals limited
slowly grinding to 30c..... nc, page-22
-
- There are more pages in this discussion • 21 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 WMT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online