While the reasons for buying have been covered it should not really surprise that sellers have their reasons also.
The recent exercise of employee options were mostly long dated & hence likely accompanied with selling into the market to cover the cost as well as to free up cash. Even the near term options (150'000 April 23)will likely require some selling to cover the cost.
No need to panic re SP weakness,but no reason for surprise either imo. Sentiment now buy as I hope to get the rest of my $4.27 parcel tomorrow.
- Forums
- ASX - By Stock
- TRY
- sp weakness is surprising
sp weakness is surprising, page-11
-
- There are more pages in this discussion • 6 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 TRY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Chairman
Nick Poll
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online