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4.76%

4.0¢ matsa resources limited

Ann: Lake Carey Gold Project Resource Grows to 727,000 oz, page-8

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ASXcowboy

6,291 Posts.

521

02/08/21

14:40

Post #: 54964712
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Originally posted by zarzoore ↑

The SP is manipulated by a major shareholder acting on behalf of a third party. I have been analysing it for few weeks and have seen this move before .

Hard to explain or obtain evidence..but haven't you guys notice how the buy gets pushed back then suddenly another big buy order pops up... they push up and down one pip at a time and eventually the SP gets dragged down lower regardless of good news.

it is not directors or average holders selling because the pattern would be different .and those investors who picked up the latest at 8c couldn't be selling so much at a lost..why sell for a lost when every announcement is positive.
what is happening is like when a stock has been shorted..
if Matsa hit a big find or IGO hit the jackpot in Matsa ground ...the third party will make a move to take over the company at lowest MC...or scoop up all the small sellers lining up at the excit..
Do your own research... I am not selling a single share instead I have averaged down from 11c to 9c..
the next move up I should get my head from under the water...

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MAT Price at posting: 6.6¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 4.0¢		Change -0.002(4.76%)		Mkt cap ! $26.00M

Open	High	Low	Value	Volume
4.0¢	4.0¢	4.0¢	$17.24K	431.0K

Buyers (Bids)

No.	Vol.	Price($)
1	277800	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	109487	1

View Market Depth

No.	Vol.	Price($)
1	277800	0.038
1	100000	0.037
1	25000	0.036
1	96000	0.026
0	0	0.000

Price($)	Vol.	No.
0.040	109487	1
0.041	100000	1
0.042	529560	2
0.043	267736	2
0.045	90000	2

Last trade - 13.52pm 18/10/2024 (20 minute delay)

MAT (ASX) Chart