ACTION ASIA

Once again, the Buyer is back! Queuing at 15 cents with 200 lots waiting for anyone to throw.
Wonder why the buying interest.

300 lots Q-ing to buy at 15.
Eating up sell Q at 16.
This on a lousy market day. What's the good news from Action Asia?

This evening's announcement; The parent company Action Electronics Co., Ltd was the big buyer on Sept 30. Bought 488,000 shares.

U can be pretty sure it is the parent company again today, which caused the volume to be so high, and pushing the price up to 16 cents. It's good for minority shareholders who want to exit.

Very obvious, isn't it? The parent company is buying all shares that want to be thrown at them.
Today another day -- the stock is firm but the volume is low. Maybe not many sellers left?

Parent company was in the market to buy on 11 Nov. Yesterday too, I guess, going by the 500 lots to buy at 15 cents. And today, in the queue is a 445 lot order at 15 cents.

There is action again today with 200,000 shares to buy at 16 cents. Clearly, the parent company is in the market to accumulate. You can see the history in this report:
Strong Insider buying: ACTION ASIA, STRACO ... - the NextInsight