FXJ 0.00% 66.0¢ fairfax media limited

most traded stock, page-5

  1. 1,646 Posts.
    fxj - most traded stock Yesterday FXJ placed 110m shares at $2.77 a discount to the close a few days before. It has held above $3 for a long time and will bounce back there very quickly. It has already closed at $2.88 yesterday up 11c from placement price. This always happens on big raisings. Instos / funds get a large parcel of stock at a discount and then to make their books and positions looks great they push the price up.

    TIME WILL TELL
 
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