Sell @ $0.255.
After hitting $0.245/$0.25 in the AM, very strong buying started at 11am with buyer clearing the 25.5ct sell Q of 800+ lots. On a day when STI is -24, I think it may be a good idea to sell some as I have a lot. I doubt that it's Shares Buy-Back at 25.5ct, likely the 25ct ones only. But Q3 is end-Jan, perhaps some insiders may be privvy to their results and started accumulating? Or the usual traders trying to tag on momentum when they saw 25ct Q being cleared?? Let's see what happens in the coming days.
After this round of selling, I'm quite inclined to buy some back if it ever drop back to 25ct. Buyer CP = 17 (CIMB-GK Goh) mainly, followed by 20 (Phillip) and lastly 24 (ABN AMRO), interesting… 😀
I was wrong!
Shares Buy-Back @ 25.5ct for 3,381,000 today. They just raised the bar…:D