Asia Resources Share Discussion Threads

[the knowing] 02/2/2005 14:52

Tells me what the savy investors/traders are doing !!

[nash jf] 02/2/2005 14:50

Note the sells are small although more numerous, and the buys are large but less frequent..

what does this tell you...

[the knowing] 02/2/2005 14:49

Nice 100K buy . There's your reason !

[the knowing] 02/2/2005 14:49

Nice 100K buy . There's your reason !

[stacks] 02/2/2005 14:47

Al.. sells only about 150k since 11.ish.. not that many really.

[the knowing] 02/2/2005 14:44

Whats your position then AR ?


Yes you have to watch for the delayed buying here. It can seem that nothing is happening and then the price moves up.

[alistair richmond] 02/2/2005 14:44

Yep.100k buy at 1343 just reported.......sells since then tho.

[enewman36] 02/2/2005 14:43

IF is a big word in this game, there is no promise that it will definitely hit 4p so at this stage he is correct to sell. If it does hit 4p which is a gamble at this stage, then he will have missed out, as soon as I am back into profit with these I will be getting out that's for sure. Gone no-where for nearly 2 years from when I purchased these.

[alistair richmond] 02/2/2005 14:42

Re L2..I guess we"ll know in a few mins why WINS ticked up at 1343.....a large buy then?..or maybe just wanting to sucker a few more people. Since then all sells......hmm.

[the knowing] 02/2/2005 14:40

Or maybe 5 or 6p

[alistair richmond] 02/2/2005 14:39

A profit is a profit.........after a rise like this, it was only to be expected.

[nash jf] 02/2/2005 14:33

Not very prudent selling at 3p if you could get 4p next week..

[the knowing] 02/2/2005 14:32

Thankyou for that Alistair.

LOL

[alistair richmond] 02/2/2005 14:30

This is ready to tick down as quite a few sells have now appeared. Prudent profit taking I guess. IMO.

[the knowing] 02/2/2005 13:46

Seems to be on alot of people's watch list.

[the knowing] 02/2/2005 13:18

Agree byron, Also see MMs up to their normal tricks of dropping the offer to flush out sellers. The confirmation of the above does bode well.

[byroneck] 02/2/2005 13:15

TK... it is possible that we are free running now, but I am still not convinced... can get far enough back for trade data. but in the back of my mind I have always had it down as 3-4m not catered for. MM's may still hold these (Hoods an City primarily) but it may well all be out of the system... for what ever reason we look to be back to normal now which means if a few people sell, then the price will drop just as quick...

However if the share price can hold up till results and results have a few nice surprises in them then we may well be back 4-5 if not retesting 6

[the knowing] 02/2/2005 13:09

If there is very little overhang this would explain why it is moving on low volume. If there was a little left then that has been absorbed into the market already over the last few day.

All the better ;-)

[byroneck] 02/2/2005 12:52

hebgb...

AT the time I was not keeping a close track on the volume but I had it down as about 12m very visable trades related to the placing.. add a couple more that make 14m

rns stated city took 6 on and sold 3 levaing them in a position of non diclosure.. they may still be carrying those

will see if ADVFN archives will take me back far enough

[hebgb] 02/2/2005 12:40

byroneck - from memory I seem to recall that the likes of City Equity managed to flog about 15m of the share placing at something like 3.375p a pop by their usual phone around methods. This left very little overhang which the MMs may or may not have got rid of, but in any case they now seem to be of the opinion that any shares sold have to be replaced by buying in at a higher price than the placing.

I also assume that if you want 350k of these, you'd buy them in two or three goes rather than one where you would pay a high price and perhaps see sellers come in straight away to put the share price back down again. From this, I expect to see several more above average buys in the coming days and only time will tell if sellers come to the market or not to replace these.

[byroneck] 02/2/2005 12:36

3.4p to buy dropped to 3.375... that would suggest someone sold a chuck to me TK..

its all by the by... will see what comes on results day. If there is not too much there and this rise over cooks itself, it will just collapse on the viscious cycle of selling.

Lets hope not

[the knowing] 02/2/2005 12:35

I reckon we will see the bid move up which will probably push the offer over 3.5 shortly.

[the knowing] 02/2/2005 12:30

That was on the offer byron and what you can see throughout the day is that you can trade within the spread.

[byroneck] 02/2/2005 12:28

Looks like someone sold straight into the last tick up.

3.15 v 3.375

[the knowing] 02/2/2005 12:18

Another tick up