mwanahisa wrote:All the same, I am wondering... Over 1/2 a million shares being offered at Kshs 44. What do these guys know that I do not?
Anyhow, in for a penny, in for a pound. Today, I will purchase the last lot that I need to get to my target. This will bring my stake in KQ to roughly 15% of my portfolio. Let's see whether I will be crying tomorrow!
I kept on watching waiting to see whether the price would dip below 43 given the huge asks at 44. I had a small bid at 43 which sadly was only partially filled. So I did not get to my target but I am almost there.
I think the asks at 44 appear to have been a bluff. Else why did they not climb down?!
Now tomorrow beckons and all will be revealed.