ZEN 0.00% 91.0¢ zenith energy limited

ZEN - Where have the buyers gone?, page-34

  1. 5,504 Posts.
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    365k volume is the most for a month;  but it is not anything on the 9 to 15 mill new shares that 'could' be sold


    I dont know why it would even fall to where it is now - let alone mid 60s;  but just on a volume play sell vs buy it can maybe get down there....  if if if some escrow ends up being sold - or even Mr Market gets scared;  mind you, some of the selling today must have been escrow, because the non escrow shares had weeks to sell;  and the last couple of weeks they did not sell much (volume low);  so if you wanted to sell, because of escrow, you would have sold before this week for sure!  So I have convinced myself some 'escrow' sales did occur


    if it ends up mid 60s,  I will buy some more


    It is interesting to watch if enough buyers will show up to soak up the sell.



 
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