from my observations the volumes have not been huge for the last few days. This tells me although a lot are not buying also a lot are not selling. This is a correction for god sake. People are sitting on the sidelines. It's a bit like a game of chicken. No one is buying and the sellers hold out for as many days as they can. I don't know, maybe they need groceries or they need to pay their phone bill so they feed out whatever number of shares they have to. When the buyers come back I suspect the rise rise in this stock will be swift.
My one regret is that I topped up the ops big time at 26-27 and didn't wait a bit longer.
It'll all work out in the end
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SXP
sapex limited
from my observations the volumes have not been huge for the last...
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Ron Miller, Non-Executive Director
Ron Miller
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