PLA
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0.00% 6.7¢ platinum australia limited

trades, page-11

  1. Hotfire
    17,783 Posts.
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    06/03/12
    15:54
    Post #: 9801156
    BOA would be driven the price lower to attract a suitor to takeover PLA. This is the only way BOA can untangle themselves out PLA quickly.

    Simply it has been a bad investment for them and they will manipulate (shorting etc) to extract a lesser capital loss as possible, but to exit they need volume.

    Volume generated by a suitor coming along and plonking an offer will do the job quickly and efficiently.
    PLA Price at posting: 7.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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