AUL
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0.00% 28.5¢ austar gold limited

because if they are confident of the price and want 30 million...

  1. denglish
    215 Posts.
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    22/12/10
    15:32
    Post #: 7648319
    because if they are confident of the price and want 30 million shares (15 to 20% of the company) they will have to pay a lot more than 7 cents if they want them quickly and probably even slowly. If a good announcement hits then the price rises quickly. There are not a large number of shares
    MNM Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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