It only takes one buyer with an agenda of some kind, or playing a hunch. Volumes have been really very modest when you consider there are 1.1 billion shares on issue. The news has been good recently, and someone may have an inkling that some kind of deal is on the cards.
It only takes one buyer with an agenda of some kind, or playing a hunch. Volumes have been really very modest when you consider there are 1.1 billion shares on issue. The news has been good recently, and someone may have an inkling that some kind of deal is on the cards.
Yep, nice to see the SP move up though on pretty low volume.
I doubt that anyone "knows anything" - probably just holders hanging on until the ASM at the end of the month.
I've decided to fly down for the meeting this year. It will be interesting to eyeball the new MD and to hear the update from him on how he sees things tracking this year.
I'm happy to ask questions at the meeting on behalf of any holders. Best let me have them on here so others can see them, but ok to PM me if you prefer.
I'll post an update after the event.
Pierre
hi Peirre
can you ask for an update on first quarter sales for the current fin year
and an update on the Chinese trial and nz trail with cure kids mentioned in last years annual report.
Those of us old enough to have had to light fires in the living room know all too well how easy it is to get smoke without fire!
The whole thing could actually simply be price discovery. The price was lower before, but so were the volumes. If you wanted a lot of shares, you might feel inclined to make a fuss to try to shake some out of the trees. After all, around 4m shares changed hands yesterday in response to the price rise. Or maybe it was something else.
Originally Posted by ddrone
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