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[backpacker] 14/9/2018 16:03

Topped up with 8368

[eentweedrie] 14/9/2018 16:03

tsmith may i ask the source of that note?

[dave4545] 14/9/2018 15:58

That's it

30.4p to buy now

[eentweedrie] 14/9/2018 15:58

and bid moved up..

[dave4545] 14/9/2018 13:54

On day of results people were getting stuck into this at 52-55p, that's how mad the market is, plenty of buyers at the high prices but not many at much lower prices.

Like most overhangs a lot of people want evidence they have cleared first before playing but have to pay a 10% premium + for stock as it has normally moved sharply by then

[eentweedrie] 14/9/2018 13:50

30.2p to buy now...

[costax1654x] 14/9/2018 12:55

Will jump back...I reckon from 25!Still expecting that to buy some!My opinion!Not deramping or pumping!

[eentweedrie] 14/9/2018 12:15

lol just winding you up. Have added a few more myself this am

[dave4545] 14/9/2018 12:04

I'm not in the business of buying 25k at 30.75p then selling a few minutes later for 29p

I'd be broke by the end of the day.

I'm just saying with overhang plays if the buying dries up the buy price will edge down, so no buys for a while so the mm has dropped from 30.75p to 30.5p

When the overhang clears this will do 10-20p correction, it's just a case from what level, 30p ? 28p ? 26p ?

If you hold and do not panic if it drifts you should make a handsome profit

[eentweedrie] 14/9/2018 12:00

was that 25k sell yours? ;)

[dave4545] 14/9/2018 11:57

30.5p now to buy, price will drift until serious buying support to clear out the overhang

29.25-30.5p

[eentweedrie] 14/9/2018 11:37

not knocking them at all - it just amazes me how often the average pi will buy at the top and sell at the very bottom - it tends to always be the patient contrarian who profits in these markets

[dave4545] 14/9/2018 11:23

Not yet, needs much more buying volume but it looks like some are starting to get involved now.

Another delayed £10k buy

[tsmith2] 14/9/2018 11:13

Short of stock?

[dave4545] 14/9/2018 11:07

No matter how cheap a stock looks you will always get sellers, if it was not for
sellers you would not get overhang plays which are a great source of big profits for
most regular traders on the markets these days so do not knock it.

[eentweedrie] 14/9/2018 10:32

why on earth would pi's sell? another case of the impatient passing wealth on to the patient i guess.

[mister md] 14/9/2018 10:18

bought a few myself this morning ...

The Board expects to report Underlying EBIT in the range of $20-22 million for the Financial year ending 31 March 2019.

[dave4545] 14/9/2018 10:17

Yeah I must admit I did chuckle the moment I bought the 25k they dropped the bid.
Also bought 15k for a friend, got funds for more but want to see if we can generate some volume momentum first before adding

[loser7] 14/9/2018 10:15

absolute disgrace

[eentweedrie] 14/9/2018 10:15

the irony is that the actual offer price of 30.75 is no different to what it was yesterday!

[dave4545] 14/9/2018 10:09

I will buy more, just want to see which way it moves next first

[dave4545] 14/9/2018 10:07

eent

My 25,000 is delayed and will show in a hour