It's not going up and down on traders !!! Theres not enough room to trade lol it's going up and down on low volumes because everyone is thinking the same as I and thinking what's the point in selling now when we are on massive loses and are due some possible good news in the near future. I don't know how many shares are in float but I assume it is low, and explains the large swings. On my opinion.
Check this article out! Must read! Talks of charging understructure regarding bus and coach for the school/university. I suspect these are the people AFC maybe exhibiting to.
Andrew, I wonder if CB is in talks of a buy out with MMP and that's why we've had no news recently. A buy out of 20/30 million would see this SP rocket.
I am invested in another stock not relating to energy or AFC but if you fancy a punt it's looking promising. Up 20% today on no news. Expecting news soon. Do your own research and don't take this as a recommendation but it could 3/4 bag from these levels in my opinion. It's called xtract resources. It should be an interesting stock over the next 6 months. I will not comment further on this board regarding this company or post. Thanks lucky.
True, I see this share go up so dramatically on such a small volume, regardless of news, so I suspect any news on progress will triple this price in a week.