AFT 0.00% 0.1¢ aft corporation limited

trading b/w 6-7, page-2

  1. 329 Posts.
    I think they are anxious mudeye. Considering how this stock would normally trade with great volumes, it would suggest after the placement announcement in the mind of the investors the current value of this stock would closer to the 5.5 mark

    Therefore, with no progress market sensitive announcements released as yet, buyers would prefer a lower buy price until current pricing can be justified.

    And sellers are simply impatient at this time and may feel other stocks are more worthy. You may have noticed as the stock begins to fall, buyer depth increases and buyers see an attractive price and place a bid.

    I believe AFT has some great results to report and may be will release next week and then any price action will be justified.
 
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