Petroneft Resources - Re: PTR Stream Log - Of course the SP jump...

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Re: PTR Stream Log
18:57 01/05/2015
elliottsilverman
0 replies 0 0

Of course the SP jump is big on a tiny trade - some small investor (3000 shares equates to 200 euro!!) decides PTR is worth a punt but not much activity in the market and no-one is arsed selling so has to bid a cent above current price i.e. 0.07... an increase in outlay of €20 on the trade. Net result: the board shows PTR has risen by 16%... this is a non-event. You need to consider the liquidity of the stock.

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