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Checksmcgee

396 Posts.

29

21/01/19

17:17

Post #: 37178069
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Originally posted by cadence1: ↑

Today's 4.83% SP dip on modest volume of 20.5k units was not the highlight of trading.

Instead, the highlight was this: Of the 54 trades, some 34 trades - more than 60% - consisted of fewer than 50 shares. The most commonly traded parcel was 11 units. Each of these parcels had a value of about $50.

As tukebay notes, PO3's chairman Steve Morris and executive director Simon Lill have backgrounds in stock broking.

I wonder what they - and BP - make of the orchestrated influences creating a Mickey Mouse tone to the PO3 market.

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They would know that fundamentals always prevail. Eventually...

PO3 Price at posting: $4.52 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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