Originally posted by goggledog
Perhaps you're the seller? Now there's a thought ...
You sound like Commsec, who banned me from trading for buying too much last month...apparently I was pushing the price up. This is a first, now you are indirectly accusing me of dropping the price. Quite a significant accusation given I have never placed a RES sell order in about 7 years.
My last sale was 2011, trading from Individual name to SMSF. Do you remember what RES was trading for around then, review the charts to get an idea of some of my purchase prices.
I have waited for a good par of a decade and decide to sell in the last hour before making any money...again, no certainty, but as I have previously posted, its an all or nothing affair for me.
Realistically, from review of charts someone could have bought the shares for about 4 cents at best given the large volume, and selling 2M shares at 8.2 cents, smells like $80K profit, its a years wage for the average Aussie. I didn't sell a bunch of my assets to walk away with 80K (agents fees would not be covered). Look elsewhere...