cnn wrote:CASHFLOW202 wrote:VituVingiSana wrote:CASHFLOW202 wrote:Huge supply building up {10M} with an ask of up to 15shs. This is in anticipation of tomorrow's result release and demand also building up significantly. Their prospects are more important than the bottomline to rally the counter.
Stop conning us. The MAXIMUM price at which shares can be offered at is 10% above VWAP when there is no material info. And that would be 11.50 at most!!!!
At 15, there would be many more shares for sale than the 15 you are quoting.
yesterday more than 10M shares changed hands with a turnover of more than 100M on this counter. So no monkey business @Vituvingisana.
You note your comment was on the 9th and there was no material information ,the reason why @ vvs says the price rise could not be more than 10%?
I get it @cnn though the info i posted was correct as the ask at 15bob was in anticipation of the material day usually placed before the day. Here it was on 9th.
Did anyone note that the 1OM shares changed hands yet the supply was at 4M?
Monopoly was the industrial age money game and the name of the new game of money today in the information age is CASHFLOW