BLR 0.00% 0.2¢ black range minerals limited

lindos 1 big buyer theory, page-18

  1. 2,753 Posts.
    I don't think it's a specific entity chomping. If it was, I would expect to see some serious capping and manipulation to enable accumulation at bargain prices, as occurred for some time between 6 - 8c.

    Instead, I reckon it's a growing variety of investors hopping on the bus, probably mainly from the US, who are vying between themselves - hence the rapid price climb.

    I'm expecting a further climb next week - it may make 27c then a retrace to round 19 - 21c before further gains on news.
 
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