Very true IMHO,
There are a lot of shares being held tightly because they know this is fundamentlally a quality stock, when TOL gets issued, there will be a flood of buyers on the market and trading volumes will go through the roof, thereby bringing oz finance media attention, which will bring in more buyers and fuel a bull run!
Not long to go now, PSC will be resolved in a week and TOL issued in similar timeframe, looking forward to the week ahead for once, if shorters are savvy they should cover their positions much sooner, otherwise they will get burnt big time when this bull runs. (it's time for us longs to get some payback!)
what might happen when the tol is approved!, page-7
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |