Someone nearly fell over themselves buying towards the end of Friday...
They chased the stock all day, slowly buying from 23c through to 26c over the course of the day...before finally pushing the stock up to 30c with a buy of just 30K shares within 15 minutes of the close.
In the process, they left the next buyer way back at 23c, suggesting that, who ever it was, they were making a real leap of faith.
Can't see why, but there was a sense of desperation in their buying, so perhaps something is brewing...but even so, that is not the best way to buy shares.
Already back to 26c today...so he obviously is not the smartest cookie in the jar!
Cheers!
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