SRA 0.00% 0.1¢ strathfield group limited

I think the trading is a little odd in the last few days...much...

  1. 122 Posts.
    I think the trading is a little odd in the last few days...much like someone is trying to sell out, at whatever cost...thing is too someone else keeps buying...(i.e these sells and buys seem to be coordinated, rather than positions appearing for a while in Market Depth).

    I would GUESS someone is either taking opportunity to generate LOSSES they can offset against other gains, or shifting of holdings perhaps between same or known parties.
    FURTHER...it may also be holders who have to find capital to cover Margin Calls on OTHER stocks...since SRA is not a ACCEPTABLE SECURITY, therefore it would be funded by the LOAN FUNDS...and so the easiest to sell if you need to lower the LOAN amount, without affecting your GEARING RATIOS (on ACCEPTABLE Stocks).

    ...IT WOULD STILL BE NICE THAT THEY GAVE US AN UPDATE...
 
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