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28,706 Posts.
237
26/01/13
10:50
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thanks bobesi
this is the problem
the lack of trading (selling) resulted in keeping confidence in the stock
but the lack of trading (buying) also resulted in its steady decline (whilst holders remained confident)
the large players have let it run down but were happy to buy so they could average down at 38.5
in fact, the large players were obviously shorting the stock with their constant non-stop computer trading
i did not notice Pala issue a change in subtantial holding notice, despite it mentioned they would participate in the capital raising
better contact ELM about this
regards
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