CXY cougar energy limited

Looking at the volume of shares going through, and more...

  1. 1,857 Posts.
    Looking at the volume of shares going through, and more importantly, the price, it would appear that the SPP was a strategic move to get a number (replace that with "considerable volume") of shares into safer hands. With the price soundly staying around the 8.4/8.3 level, it would be a superb way of ensuring that shares moved from weak hands to solid hands. This works as then the buyer, has secured the shares at the "right" entry level.

    Btw, I see this as a good move.
 
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