Good little spurt towards the end of the day will move higher once Pie have finished selling. Just goes to prove how illiquid the share is at the moment ...
Good little spurt towards the end of the day will move higher once Pie have finished selling. Just goes to prove how illiquid the share is at the moment ...
Certainly does show how illiquid it is... could all fall down, again, tomorrow... hang on a minute, I thought the asx listing was meant to boost liquidity?
Mid 240 seems to be strong resistance over last few months. Also struggling to break above 200MA
Seems this level is all the market is prepared to pay.
After that less than inspiring guidance not surprising. They better not sound a bit down in the dumps come half year announcement next week as that will send the shareprice tumbling to 210 again.
But as long as they say those magic words ‘skewed to second half of year’ punters will still live the dream for another six months.
Hope of the big takeover is still really the only way punters will get rich I reckon.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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Originally Posted by boysy
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