re: Ann: New Gordons Drilling Shallow Minera...
rather than some dastardly seller plot,i think it's a case of stale holders from March and April. These paid in excess of 55 cents and some of these are being prompted to sell at or around their buy price back then.
After all they've been running at massive paper loss they may have not taken tax deduction on and are 'relieved' to be back able to take a smaller loss than they once faced.
Such 'characters' also are known to not Read Announcements.Have no Plan or even much of a clue.That's my take on Market Psychology :-)
Anyhow,PA it's just how things are these days that you buy and mostly go into later 'minor' loss.It's all in the Depth giving you some indication of chance to be filled.
Note that there is a 3%ish+ spread between Proper Parcel Ask and the Bid ie rarely can one buy even 15000+ off the first Ask level.
This is usual in Lesser Shares on Issue companies.
As to Washington Soul and you PA 'worried' about them? PA,Wash Soul is the Best Institution to get on your Register.You have to be pretty ridgey didge like proper and respectable for them to bother.
cheers
AQR Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
