PRX 0.00% 0.3¢ prodigy gold nl

ann: trial mining update, page-35

  1. 929 Posts.
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    Leroy

    That (probably) the same person has done exactly the same thing pretty much every close for at least the last fortnight.

    Given that the volumes have increased massively ie the buy and sell volume to close off one price point below what ABU has been trading at more or less each day has increased from about 25000 to close to a million shares recently to me means that someone with a lot of money to invest is trying to keep the price down until first gold pour / resources are confirmed.

    There could be heaps of other options, from someone needing the money, to someone doing it 'just because they can', but I like to be optimistic!

    Given its pretty much the same modus operandii daily (ie closes one price point lower for the sake of two shares), I think its the same person / persons and there is a reason for it.
 
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