hi mate, someone is just trying to accumulate for as cheaply as...

hi mate, someone is just trying to accumulate for as cheaply as possible. it is a good sign, because it implies that 1c can be pretty much considered as cheaply as possible.


i think there are three types of sellers atm, one is clearly accumulating, one is selling to fund the purchase of oppies (probably someone connected to FUT, cygnet or perhaps even steinpres) and one is probably the odd momentum trader who is getting nervous and thinks they made a mistake, or perhaps selling to take a loss and then perhaps rebuying.

the red tape announcements are more positive than they sound. reshuffling is going on, and buying opportunities still exist at a mere 10% premium to the absolute bottom line for soph investors


i just keep topping up where i can, with an absolute minimum expectation of doubling my money before the year is up.