Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Tuesday, May 3, 2011

Mclean Technologies offer of 2.7m shares oversubscribed 100.49 times

KUALA LUMPUR: MClean Technologies Bhd’s offer of 2.7 million new shares offered to the public under its listing exercise at 52 sen each was oversubscribed by 100.49 times.

Read it in The Edge

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts Plugin for WordPress, Blogger...