Seeing the constant selling pressure yesterday at 30 cents I started to think the 10 million shares seen exchanged before open the other day is likely a loan in order suppress price. I wouldn't be surprised to see a hostile TO approach on PLA. I only have a small holding for a quick trade and am not trying to ramp up here, but rather trying to find reason for the activity. I've recently done well buying FRS and TTY when they had price suppressed heavily before an offer, so it's not completely irrational for me to think it a possibility.
- Forums
- ASX - By Stock
- interesting chart set up
Seeing the constant selling pressure yesterday at 30 cents I...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online