Ann: Taronga Tin Project - Stage 1 Fully Permitted, page-554

First 554 Last

Share
Profile

Follow
rattle

7,447 Posts.

639

04/07/19

17:51

Post #: 39377492
Share

Originally posted by mikesz: ↑

Well, they would only show which brokers had the volume. My guess is that Lind will be trading through a broker but I'm not sure who they use.

I would suspect their footprint would be fairly well hidden with smaller orders coming through that amount to large quantities over time.

I do notice that we have a fair number of capping orders sitting at 13, 15, 18 & 23 (that 5m at 23 is especially important and is what's holding this market down). Unless of course whoever it is pulls it in time.

Either way we have a number of brake orders sitting there so we won't be going anywhere fast under the current conditions.

I guess below the 13/14 levels we have a sprinkling of irregular orders so either retail selling in frustration or someone like Lind offloading whole trying to hide their footprints. Keep in mind they have a truckload of options they can convert at any time at 10% discount to any chosen 5 day Vwap average in the last 20 days. Given where we are they can easily convert at say 0.7 or 0.8c and then dump on the way up at 12/13/14 for double their money. Not a bad return IMO.

At the slightly bigger picture I think your analysis is a good one. NM and PW are playing a waiting game while tin recovers and they can get T1 up and running. This could be years at current pace unless something changes the timing or urgency for NM/PW to drive it up. Who knows I guess it's possible.

As I reflect on this situation I see two distinct options for investors here:
1/ Load up at current levels if you can and then offload at say upto 100% trade profit. Not a bad strategy for limited returns and tax

2/ Load up now and wait until T1/T2 combo goes live and then just ride that train for a 1000% return. If you have time and don't mind just sitting for a time that might be a good option. Problem here is the wait and periods of time spent in red.

3/ Have a core holding long, then take smaller parcels to trade as ANW zigzags up a bit. This option is my current preferred approach but still requires a bit of knowledge, patience and skill.

All IMO of course and not advice just opinion of how I see this market at present.

Expand

" NM and PW are playing a waiting game. "
PW is on $260,000 a year
NM ??????????? a year
and they still haven't created an income.
Where's your SPP going ?

ANW Price at posting: 1.0¢ Sentiment: Sell Disclosure: Not Held
8 Upvote

1 Great analysis

Reply

Top Stories

PH2

Enphase, Pure Hydrogen, Palantir – Alternative opportunities

ASX Market Close: Another ATH close for Oz bourse on mining rally | July 2

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Open: Oz shares dip back (very slightly) after Wed's record close | July 3

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

First 554 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 0.4¢		Change 0.001(16.7%)		Mkt cap ! $2.058M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$1.257K	359.0K

Buyers (Bids)

No.	Vol.	Price($)
4	5148210	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	9967583	11

View Market Depth

No.	Vol.	Price($)
1	2614	0.004
4	5148210	0.003
23	36090164	0.002
13	32301009	0.001
0	0	0.000

Price($)	Vol.	No.
0.003	2615	1
0.004	9967583	11
0.005	1200000	2
0.006	1479327	3
0.007	142855	1

Last trade - 15.40pm 02/07/2025 (20 minute delay)

C7A (ASX) Chart

Ann: Taronga Tin Project - Stage 1 Fully Permitted, page-554

Enphase, Pure Hydrogen, Palantir – Alternative opportunities

ASX Market Close: Another ATH close for Oz bourse on mining rally | July 2

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Open: Oz shares dip back (very slightly) after Wed's record close | July 3

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Taronga Tin Project - Stage 1 Fully Permitted, page-554

Top Stories

Enphase, Pure Hydrogen, Palantir – Alternative opportunities

ASX Market Close: Another ATH close for Oz bourse on mining rally | July 2

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Open: Oz shares dip back (very slightly) after Wed's record close | July 3

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News