AUL 0.00% 28.5¢ austar gold limited

tides are turning

  1. 350 Posts.
    Craikey

    The only thing strange about it is that it has taken so long for buyers to realise that nobody want to sell this baby, they will have to buy at market, the few sellers under 10c either need their money back or are bogus and just there as a buffer to the 1 million seller, who will pull his/her sell order at the sniff of an announcement. When these kind of games are being played you know something good is on the way.

    So where does this leave the share price, well in my opinion there will be no sellers left at low prices under 15c, so if anybody wants in they will have to buy at whatever we are happy to sell at. I might feel a little generous and give some away at 15c but only a small portion.

    Like Fakeshark said this is a tight register the share price is controlled by the sellers, everyone who wants out already, but if you want in good luck.
 
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