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We witnessed over 7 Mn Shares changed hands today. i.e. 1/4th of the public float. Also the the price bounced back from 25.10/- to 33.30/-.
To move the market EXPO or CLC has to move. Moving CLC is too easy since it has the least float in CSE. EXPO will consolidate at 300/= for a few weeks. In the coming weeks CLC will dominate the market. Fundamentals and Technicals cannot be validated in a market dominated by powerful hands.
To move the market EXPO or CLC has to move. Moving CLC is too easy since it has the least float in CSE. EXPO will consolidate at 300/= for a few weeks. In the coming weeks CLC will dominate the market. Fundamentals and Technicals cannot be validated in a market dominated by powerful hands.
