Yeah I sorta agree as well...although I wouldn't say smashed...16.5c was long term support and the fact that trades went through today at 16c means this support was broken
Some interesting moves late in the day...someone bought 100k at 17c and then straight away someone else tried to sell 100k at 16.5c...also interesting was that todays volume was the highest since 17/08/09 when the sp also closed at 16.5c...what does it mean ? I've got no idea, just coincidence ?
Still waiting to buy some more, just looking for the right time...which will be when a turnaround is underway...once, just once I'd like to buy some MAE and see it increase in value, something which hasn't happened for some time
Ah still handing in there, still dreaming of a green portfolio
MAE Price at posting:
16.5¢ Sentiment: None Disclosure: Held