nope..........its not that. Not insider trading. period.
Its quite simply that "others" that cannot participate in the SPP and therefore must buy on the open market are now wanting in in a big way [sort of].
The Drilling announcement is very important now with the price of Gold rocketing and combined with the fact the SPP closes next week and shares can only be bought on the open market means that the SP is going to............go up significantly. Should do anyway.
Don't forget the PFS. These could be the cheapest shares before the PFS comes out also.
Those wanting in have FOMO at this price level. Don't blame them .
I doubt the SP will go back down before next wed/thurs so ...........its now at this price .......or miss out and pay much more later.
Hopefully the above is correct, but one cannot say for sure in these times and with trading the way it is now.
Yak52
Why the big buying today, page-4
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $15.28M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $7.67K | 776.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 5312141 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 536700 | 2 |
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| Last trade - 15.37pm 08/11/2024 (20 minute delay) ? |
| KRR (ASX) Chart |