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Hi Jako What's your take of yesterdays trading? [ATTACH] Given...

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gypaetus

1,572 Posts.

93

01/09/17

22:37

Post #: 26945232
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Originally posted by Jako8557 ↑

Thanks for the charts, yes I still hold.

I had a feeling this might happen when it started to fade on the days leading into the results announcement (unless there was going to be a terrible result, which was also possible)..........I do have to say that it was pushed down far more violently than I expected (and even had me questioning my thinking a bit on the second day).

I thought their results were quite good actually, although they didn't make as much money where I expected, but made more money elsewhere.
And they paid a half cent dividend, which is pretty useless really (I don't know why they thought that was a good idea), perhaps they thought it made them look good to fund managers etc.. I am a serious amateur at F/A, so I might be reading it all wrong anyway.

So I bought some more early today, I sort of knew what was going to happen when it went down sharply on the results announcement, and felt there was a good chance it was going to be shaken out to accumulate.....although I do admit to being a little concerned at how deep they pushed it.....and with relative ease.
And there might be more to come yet......we'll see hey....

cheers

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Hi Jako

What's your take of yesterdays trading?

Given the lack of ease of movement who was absorbing who - buyers absorbing sellers or vice versa?
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