To be honest if I was offered a discounted price (depending on the discount) in shares that I already hold I'll probably be the first to take a quick profit and rebuy into the spp. And then rebuy more after the instos start selling and drive the price down. But does it always work out that way ?
Howdy,
Buying ordinary shares in a company after spp is completed meaning after the company has issued a spp and the shares have been allocated to their holders does this generally mean the share price will go down ?
Sure! whoever participated in the spp will start selling and take profit but...
I got out at .057 with some profit, I think this could keep going up. Similar time at Dec 2019 resistance at .064 if it can break that then blue skies.
I like the base, Been going side ways since it's last gap up in Oct/nov... maybe will have a leg up soon but wouldn't mind waiting to have a few days up first. In October most recent support level .015
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.