RIA 0.00% 3.3¢ rialto energy limited

licence negotiations, page-32

  1. 17,111 Posts.
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    Looks to be same seller operating again today. I expect 250k will be dropped on 1.8c just after the open, then maybe some small bids at 1.9c and a long lull to try to bring in more buyers at 1.8c. Eventually a dump through 1.8c and potentially 1.7c which, if other views are correct, could trigger a cascade of prudential stop loss sales to lower prices. Effectively this could be one big dump away from triggering a self generating collapse to fresh all time lows.
 
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