IOF investa office fund

Big crosses at 10:35 probably a good sign but clearly a few...

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    Big crosses at 10:35 probably a good sign but clearly a few instos that muscled in on the placement are/were still dumping.

    MACD turning up BUT as we just have had all the right shares listed I doubt this will be driven up until they can get as many to dump as possible.

    If anything, I half expect a scare attempt towards the EOD to try to shake a few out.

    If it wasn't for the newly listed shares I would probably be buying today on MACD and the 'look' of the graph. But due to the new shares I expect we might be at 46.5 for another day or so. Key to wach for large chunks being taken from 47. A few +1m hits at 47 is probably a sign for a good ST trade for a few percent.

    The cynical side of me says that now the placement is out of the way, it is time for management to give us a little bit more bad news. lol. Must say I thought this was going to be an 'eternal' hold for me, but my view is becoming a little jaded. I might dump my holding at higher prices and turn it into a trading stock.
 
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