AEJ 0.00% $8.00 redbank energy limited

alinta close to 600,000 customers, page-12

  1. 1,173 Posts.
    On speculators: Indeed, maybe they are short term orientated, hoping for some sort of advance warning to take a position. However, when management come up with a course of action I think the first thing they will do is call a trading halt. Thus putting a shackle on mouse click moves.

    Anyway I'm counting this will happen, consequently avoiding a mad scramble for stock at multiples of today's price.

    For the moment though, the share price travels sideways in a rather cheap 058 to 060 window on virtually no volume, which indicates the sellers have long gone, and those remaining rest on their tactical stance.

    Passive investing, they call it


 
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