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Bullboard - Stock Discussion Forum Rio Alto Mining Limited RIOAF

Metals & Mining Industrial Metals & Minerals

GREY:RIOAF - Post Discussion

Rio Alto Mining Limited > violent SP move
View:
Post by swpb on Apr 17, 2012 10:20am

violent SP move

why the move from 4.60 to 4.30 in 2 seconds? what is going on?
Comment by thebaker on Apr 17, 2012 11:57am
The jump was a result of hype from the news release. People came down off their high, and started trading sensibly. In my opinion the news was handled poorly. There could have been an earlier release that told of the increased production. It would have made a smoother transition from yesterdays news. The price would have already been higher, and so the likelihood of a big jump that could not be ...more  
Rio Alto Mining Limited
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