Trt to be genuine guys...
It's only the small unsophisticated players you hurt with misleading posts and scare tactics.
The 1:2 consolidation will NOT take place until after the June meeting...so the rise was real and not the result of share adjustments.
So...people will not suddenly find they have half as many shares next week...this is just an embarrassing comment by a dweeb!
Whilst market dynamics will clearly influence near-term prices here...you might like to ask the many 200-500k at-market buyers towards the close on friday...between 55-58c...why they did so?
In fact buy order sizes were significantly larger than sell order sizes by a factor of nearly 2:1...a very significant statistic for the profile of buyers versus sellers.
Not exaclty uninformed "traders" nor "mums and dads" behind such trades by the way...especially in the final minutes of a short trading day that saw a 100%+ rise!
I ask that you all think about that for a minute before giving the standard knee-jerk reactions to what might likely take place on Tueaday!
I am holding shares from mid 40's and one little parcel of options at 22c...so don't have any emotion invested in this...but it would be good for those that do if people try to be honest in their posting?
Cheers!
NIA
niagara mining limited
