NDO 0.67% 75.5¢ nido education limited

extra 10% of barra, page-69

  1. 739 Posts.

    "They don't control the trading activity and hence market value of shares , a big seller appears to be capping price and has been for some time, they either want out or they want more and until they either tells us their intentions (ain't going to happen) or we get a notice announcement it's any bodies guess"

    Capping could be for accumulation, profit taking maybe. ( from the rights offering at 2.7c)

    A month ago when it hit 4.2c three times and sold off or their is a big seller, I tend to think it is capping to accumulate and control outcomes.

    Probably the seller at 4.2c getting some more at 3.8c.

    Patience Required, its getting set for another leg up!IMHO

    No doubt share price is being controlled.

 
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