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08-05-2013, 12:31 PM
#261
Yeah i was thinking the same thing yesterday , 1.5 million traded so far today + yesterday, and the price has only fluctuate between 3.19 - 3.20 , some big seller out their off loading !
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08-05-2013, 12:38 PM
#262
Originally Posted by Huskeez
Yeah i was thinking the same thing yesterday , 1.5 million traded so far today + yesterday, and the price has only fluctuate between 3.19 - 3.20 , some big seller out their off loading !
As well as someone taking anything they can get. Not like we seeing a downward progression in price as the market becomes flooded with the sellers parcels. So, no worries from me.
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08-05-2013, 04:26 PM
#263
Originally Posted by Dej
As well as someone taking anything they can get. Not like we seeing a downward progression in price as the market becomes flooded with the sellers parcels. So, no worries from me.
I take that back lol
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08-05-2013, 06:51 PM
#264
Yeap the ASX listing looks a little "try hard" to me. They should spend their energy just getting on with running their business and leave the cost of an Australian listing to a company that will materially benifet from it.
Interesting that the big seller was ready and waiting to pounce on the publicity this news created.
Ths looks set to track sideways for a while until Quadrant's sale is finalised.
Bit of sideways consolidation is this sector wouldn't be a bad thing in my opinion.
Last edited by Beagle; 08-05-2013 at 06:56 PM.
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09-05-2013, 11:14 AM
#265
Member
yeah, i've been stocking up on SUM this morning, and am closely watching RYM
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09-05-2013, 11:21 AM
#266
Member
Yep, I dumped this morning at $3.10. Wouldn't mind some more diclosure around Quadrant before getting back in.
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09-05-2013, 11:34 AM
#267
Member
Ouch, this is starting to look ugly!
I saw Ryman down a similar amount, was there some news that I missed?
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09-05-2013, 11:35 AM
#268
Sold at 3.15 in past few days, will maybe Rebuy if goes sub $3 again
Last edited by Dej; 09-05-2013 at 11:37 AM.
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09-05-2013, 11:44 AM
#269
Member
Glad I haven't missed any news, thought something came out since Ryman is also performing badly today.
turmeric - true, the reason why I think it is ugly is because while SUM don't perform as well as Ryman in the last few months, but the sell-off seems to be just as bad as Ryman when it happens.
Last edited by glasszon; 09-05-2013 at 11:48 AM.
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09-05-2013, 01:10 PM
#270
Who has bets on bottoms? 295 I say.
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