"I am thinking to buy again @65-70 cents."
Newmember,
All I can say to you is, Good Luck mate. For, buying shares at those prices again, although in the market anything is possible, I wouldn't like your chances.
I think that the sp has been intentionally held down by someone that wants to get in at a lower price. Some Instos and sophisticated for instance, may be involved in that hoping that they will pick up the void caused by the failures of investors to take up their share of the SPP. Besides, I am quite sure, that many shareholders have sold at the higher sp in order to buy them back with the SPP at a the lower price.
If one has done some research, he/she would have noticed that the amount of shares changing hands in the market of late, does not reflect in someone that is desperate in getting out. To the contrary I may say.
Good luck all,
Buddy
- Forums
- ASX - By Stock
- PLV
- the chance of another delay
the chance of another delay, page-3
-
- There are more pages in this discussion • 52 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
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne