Re: No material change
in response to
by
posted on
May 03, 2017 12:55PM
I would agree in part with that sentiment. But what is the simplest explanation for what happened yesterday? I mean suddenly we trade 1.4mil shares out of the blue and the SP is driven up by 30%. It's not as though that's easy to explain away with basic logic, since it seemingly defies it.
FJs suggestion therefore has some merit and is worth considering. You can't rule out a material event is close, even given the 'no material news' stance. Just as valid is the slightly disturbing post by bluecollardollar, regarding the potential for another PO and the price running up so that someone can dump shares.
I'm yet to hear a blindingly obvious reason for what happened.