stock.enigma wrote:Who is selling? Over 6.6 million already traded. Yesterday over 4 million units.
stats
total deals 143
total turnover 118,096,032
avg price
high price 17.90
low price 17.00
last price 17.90
shares volume 6,602,500
"Analysts were, however, cautious on whether the price will hold at the levels with stockbrokers expected to start offloading their shares as per conditions of the listing.
They are required to cut their ownership to 40 per cent from the current 59 per cent in three years."
may be brokers have started reducing their holding, this is the best time for them before market comes to its senses
i dont know whether to sell my tiny allocation or just ignore
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope