This is chat platform, I will 'hehe' all I want Mr Grumpy. Not really sure why you feel the need to throw insults, 'tis very strange world we live in.
What you see on the trade sheet is just a breakdown of the order, it was single a single buy bid that just wiped 5 lines so in the viewer it displays as such. The bid price was set at .100 but the available lines of sellers under .100 averaged the order to .094, as per normal auction rules of ASX.
Besides, number of trades at the same SP does not affect the final outcome, when I was posting then the SP was 7c so those positions were posting some healthy losses of 26%. Which no matter how you spin it is a huge loss, a loss that could have been avoided if the trader waited for the market to settle.
On the buy order of 500k of shares bought @0.094 that is $12k in losses in less than few hours of them taking a position, dreadful.
Whilst $12k is not much in the big picture of value investing, if you consider that NKL has a tiny $6M MC, is trading -70% from its ATH, has no positive results from any of the recent exploration activities, and is in a massive long term down trend - talking about the SP being 40c is an.... interesting way to justify accrued losses.
I'm not saying that NKL will never see that SP but just pointing out that statistically its very unlikely (540% up, casual).
hehehe
