Am I the only one that doesnt buy that one or two big sellers are the ones holding the price down.
Many assume that the big holders are close to the company and hold privileged information. so are they selling coz they know something?
It seems we are quick to blame "big sellers" in all stocks as the reason for teh SP to stay low and we thank management for a running SP.
In my opinion, the reason for the low SP is that nothing has happened, there is absolutely no reason at the moment for the SP to move.
It is for this reason that I see little value in brokers reports, coz in most situations, brokers reports are wrong in that they cant value a stock in the same way the market values a stock.
By the way, whatever happened to the Aus Stock report which was supposed to drum up buyers.
Lets hope management have a few suprises for us over the coming months to get us to and maintain us at 20c.
Maybe I've been in the market too long to be so cynical, but capital preservation is priority one.
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