Zzuup28,
the capping cannot continue forever, but its quite annoying that the XPJ is 3.7% up and AJA is still at 36c.
While capping is the most likely scenario, it can be a genuine selling i am afraid.
The question is, if this is a genuine selling, who wants to sell at the current cheap price when we are less than a month away from distribtion? Do they know something in relation to the distribution that we dont?
We are talking about possibilities, as you know, in the share market, there is nothing impossible. Look at VBA today, and if you noticed the cross trades and big transactions few days ago, you would realize that big players knew about the bad news and sold earlier than the poor small traders.
Its more than 1.5m shares that has been sold at 36c, will they sell this amount of shares at the current cheap price just for capping?
- Forums
- ASX - By Stock
- when do i stop buying??
Zzuup28,the capping cannot continue forever, but its quite...
-
- There are more pages in this discussion • 46 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
Add AJA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online