Normal
I feel your pain...I thought that this may have opened a little higher, but I didnt expect this kind of selling depth without a little run first. I thought there would be profit takers but I would have thought that selling depth would have started in the early 60c range. Still, Rome wasn't built in a day...announcement did mention that they were oversubscribed and gave the impression that they mustered up the cash with relative ease...the support is there. Dust will settle from the open soon.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.