SEN 0.00% 1.3¢ senetas corporation limited

this is the 'big' boys buying !!

  1. 1,530 Posts.
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    We are witnessing the begining of buying from the BIG boys (institutional index funds)...

    Lets not kid ourselves. The level of buying at the moment is not from the average mums and dads, this is from large companies in my opinion.

    People are saying that directors are buying back too many shares, well yesterday they bought back a total of 38,923 shares and that equates to probably one tenth of the volume traded and today is exactly the same thing.

    I believe this level of buying will continue from the BIG boys for at least another week or two and I know believe the share price will be closer to the 75 cent mark after this period of time....
 
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