Originally Posted by
winner69
Volume over the last six months by month have been 24 million in April then 32 million, 51 million, 21 million, 21 million and then 25 million in September
So 174 million over the last six months - about 26% of issued shares. No question this a lot of volume going through as the price goes down (esp seeing you guys tell me a large proportion is tightly held)
You should ask Hoop to do an OBV line for you and explain what it means
So punters have sold 174 million but then again punters have bought 174 million but then again there may be one or two who have both bought and sold.
Harrie - I feel you look at the trading screen far too often and are seeing things that aren't there and getting yourself in an unnecessary tiz.You appear to be in for the long haul and believe the story. Forget the minute by minute gyrations of the market and enjoy life - what is happening is how markets work, nothing else.
If you honestly think there is manipulation or underhand things going on you should SELL now, ordinary folk are generally the losers when this happens
MAC will tell you that price eventually catches up with value (or something like that) - if you believe value is a lot higher than 59 then just waot for the price to 'correct' itself.
Promise?