XAO 0.00% 8,661.2 all ordinaries

Short Term Trading Week Starting: 04 Feb, page-143

  1. 1,584 Posts.
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    Yes i did see that rhp had 800000 shares just come out of voluntary escrow.  Funny you mention PBP cos im in that one too, and it was actually the first stock i ever bought.  Think it was around 10 years ago!  perhaps not that long and its definitely not this parcel but it was a long time ago.  Anyway since you mentioned i thought i'd ask what you think of this: do you think its a red flag at all that they are doing a buyback but the share price hasnt moved in about 6 months?  i bought in around september and its still hovering around my buy price.  i was thinking that there must be some sustained selling for this scenario.  However in saying that there is an ascending triangle of sorts forming so maybe its about to break out.  who knows, im terrible at technicals anyway.

    cheers mate

    https://hotcopper.com.au/data/attachments/1432/1432425-9e992ed003a81d45966b3a519f32b4e9.jpg

 
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